Overcome with buyer's remorse over his pre pandemic $16 billion takeover, the LVMH path trash Tiffany's management went to court and even appeared to enlist the French government to wriggle out of the purchase.

But in a sudden, you turn are no decided This week, it was happy to buy the New York brand.

After all, under the New Deal terms, LVMH will pay $131.5 per share to require Tiffany instead of 135.

The nearly 430 million price cat looks more, but the actual savings are arguably timing head.

The transaction closed in the summer.

Healthy image would have been able to stop dividend payments worth perhaps $140 million and it would have saved on legal fees.

LVMH willingness to settle for a tiny discount showed it never fell completely out of love.

With Tiffany, getting a lower price was probably a matter off principle.

Yet our nose heavy handed tactics will have broader consequences.

Potential future targets like brother or perhaps Moncler, will be wary.