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Tiffany CEO on Potential LVMH Deal: 'There's No Magic Formula'

Nov.21 -- LVMH and Tiffany are said to enter talks on a $16 billion offer in what could be the biggest acquisition ever in the luxury-goods industry. Tiffany CEO Allessandro Boglio speaks with Bloomberg Businessweek co-host Carol Massar at The Year Ahead Luxury summit in New York.