Monday, June 25, 2007

UPDATE 1-Tiffany shares jump on takeover speculation

(Reuters) - Tiffany shares closed up nearly 4 percent, or $1.93, at
$51.91, after rising as high as $53.36 on the New York Stock
Exchange.




Renewed chatter is that "LVMH is interested in acquiring
Tiffany," said Paul Foster, options strategist at
theflyonthewall.com, a Web site that tracks daily equity option
and stock movement.


Read more at Reuters.com Bonds News

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