The Estée Lauder Companies Inc. (NYSE:EL) has held talks to buy Tom Ford, in a deal that could be valued at $3 billion or more, according to a report in The Wall Street Journal. The WSJ report, which cited people familiar with the matter, said there is no guarantee that an agreement will be reached, as Estée Lauder isn't the only suitor for Tom Ford. If an agreement is reached, a deal valued at $3 billion would represent the Estée Lauder's biggest acquisition.