Dive Summary:

• Tiffany & Co. having missed their last years' worth of profit estimates are now stating that 2014's predications are too high for the company to achieve, yet were only 0.4 point lower than the multiple in March.
• Tiffany & Co. spokesperson, Mark Aaron maintains that the company will not comment on speculation, however CEO and Chairman, Michael Kowalski, has stated in the past that he feels the company is better suited as an independent company.
• Many foreign interests would benefit from acquiring Tiffany & Co. and could fuel growth with the company as one of the few iconic American brands.

From the article:

"...A purchase at current prices would be the biggest of a retailer since Coles Group Ltd. more than five years ago, data compiled by Bloomberg show.
“Sooner or later someone will make a run at Tiffany,” Howard Ward, the chief investment officer for growth equities at Gamco Investors Inc., wrote in an e-mail. Gamco, which oversees about $37 billion, owns shares of the company. “It is a trophy property,” he added. “There are some obvious foreign luxury brand companies that would be interested...”