Tiffany to add directors in deal with activist hedge fund Jana

Reuters) – Luxury jewelry retailer Tiffany & Co said it would appoint three independent directors to its board in a deal with activist investor Jana Partners LLC. The company said it would add Roger Farah, a former co-chief executive of handbag maker Tory Burch, and James Lillie, a former CEO of Jarden Corp, to its board.

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