LVMH takeover of Tiffany may be in jeopardy, reports say

Investors are watching Tiffany following a Women’s Wear Daily report that the planned $16.2 billion dollar takeover by France’s LVMH may not go through. LVMH is said to have called a Tuesday board meeting to discuss the matter, amid deteriorating U.S. market conditions. CNBC's David Faber and Jim Cramer discuss.
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Wed, Jun 3 202010:56 AM EDT