Benzinga | Aug 25, 2020 06:08AM EDT

Tiffany Filing Discloses On Aug 24 Delivered To Lvmh Confirmatory Notice That Co. Thereby Extends Outside Date To Nov 24; Lvmh Notified Co It Reserves Right To Challenge Validity Of Extension Of Outside Date

From Filing:



'Registrant announced previously that it had entered into the Agreement and Plan of Merger, dated as of November24, 2019 (the "Merger Agreement"), by and among Registrant, LVMH Mo?t Hennessy-Louis Vuitton SE ("LVMH"), Breakfast Holdings Acquisition Corp. and Breakfast Acquisition Corp., pursuant to which Breakfast Acquisition Corp. will be merged with and into Registrant (the "Merger"), with Registrant continuing as the surviving corporation in the Merger.

On August24, 2020, Registrant delivered to LVMH a confirmatory notice that Registrant thereby extends the Outside Date (as defined in the Merger Agreement) to November24, 2020 (the "Notice of Outside Date Extension"), in accordance with Section9.2(a) of the Merger Agreement. LVMH has notified Registrant that it reserves the right to challenge the validity of the extension of the Outside Date under the Merger Agreement. The Merger remains subject to regulatory clearance by the European Commission, the Japan Fair Trade Commission, the Mexican competition authority (Comisi?n Federal de Competencia Econ?mica) and the Taiwan Fair Trade Commission, and the satisfaction or waiver of other customary closing conditions.'