How to Profit from a $16.2 Billion Luxury Loser
September 12, 2020 at 05:00 AM EDT
Well, it was fun while it lasted. For a few weeks now, the market has been buzzing about the "inevitable" acquisition of luxury brand Tiffany & Co. by Bernard Arnault's luxury juggernaut LVMH Moet Hennessy Louis Vuitton SE. To hear the media talk about it, it was a done deal - a dead certainty. Nothing could stop it. The $16.2 billion deal would have been the biggest acquisition in the high-flying luxury sector's history. Of course I say "would have," because it all just fell apart. The sound of corporate wedding bells has been replaced by the shouts of corporate lawyers. But if you make this easy move, you'll hear the sweet sound of a ringing cash register... Full Story The post How to Profit from a $16.2 Billion Luxury Loser appeared first on Money Morning - We Make Investing Profitable . But if you make this easy move, you'll hear the sweet sound of a ringing cash register... To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.