Sources: It's unlikely LVMH will go to Tiffany's highest share price of $139

Tiffany confirmed the receipt of the LVMH takeover offer and has advised shareholders to take no action pending a board review of LVMH. LVMH has offered $120 a share for the jeweler. CNBC's "Squawk on the Street" crew discuss.
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Mon, Oct 28 20199:59 AM EST