By Stephen Nakrosis

 

Tiffany & Co. (TIF) on Tuesday said it will hold a special meeting of stockholders to vote on a merger proposal with LVMH Moet Hennessey Louis Vuitton (LVMUY) on Feb. 4.

Tiffany said the meeting will be held at its New York City corporate offices on Fifth Avenue.

In November, the two companies said they reached an agreement that would see LVMH acquire Tiffany for $135 per share in cash. The deal has an equity value of about $16.2 billion, the companies said at the time.

The boards of both companies have agreed to the deal, which is expected to close in the middle of 2020.

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

December 31, 2019 17:21 ET (22:21 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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