Shall I buy Tiffany stock after LVMH failure?

Shares of Tiffany & Co (NYSE: TIF) fell sharply on Wednesday after the fashion luxury giant LVMH (EPA: MC) decided to pull out of the $16.2 billion takeover deal. Shares initially fell over 10% before recovering a portion of losses. Fundamental analysis: LVMH pulls out The Louis Vuitton owner decided to officially get out of the contract to acquire the US-based jewellery giant Tiffany due to concerns over potential taxes that the Trump administration may impose on French products. Invezz reported in June that Tiffany stock tumbled 10% after LVMH said it is no longer interested in the $16.2 billion