Warren Buffett turned down a chance to buy Tiffany's
and conclude his Berkshire Hathaway conglomerate's four-year stretch without a major acquisition.
After Tiffany's received a takeover bid from LVMH, the jewelry giant invited Buffett to make a counteroffer,, citing people briefed on the matter. Buffett confirmed Tiffany's approached him to the newspaper. Berkshire's billionaire CEO is a longtime admirer of Tiffany's and viewed it as a possible acquisition, the Financial Times said, citing bankers who have advised Buffett. In fact, he helped the retailer to weather the financial crisis by
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