During an extraordinary meeting conducted digitally on 30 December 2020, greater than ninety nine per cent of Tiffany & Co. shareholders approve LVMH’s new supply of $US131.50 and the phrases of the revised merger agreement. However, each parties later release statements in support of the January trial. Joseph Slights III, Vice-Chancellor of the Court of Chancery of the State of Delaware, who’s presiding over the Tiffany & Co. lawsuit in opposition to LVMH, sets a four-day trial beginning 5 January 2021. The assertion adds, “Eight of the 10 requisite antitrust clearances have already been obtained. LVMH expects to receive approval from the European Commission and Taiwan properly earlier than the November 24, 2020 Outside Date.” In an announcement, LVMH confirms it has submitted the proposed acquisition of Tiffany & Co. for antitrust evaluation by the European Commission.

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