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Victoria's Secret adopted a shareholder rights plan on Tuesday, after Australian billionaire Brett Blundy's investment firm ...
Get insights on Victoria's Secret & Co. Q1 results, BBRC's takeover attempt, and the board's defense strategy under a new CEO ...
Poison pills rarely get triggered. The simple fact of their existence can leave a bitter taste. By protecting entrenched management and boards from takeovers, they dull some of the pressure to perform ...
For investors, the action signals a defensive posture by VSCO's leadership to maintain strategic control and protect ...
The lingerie retailer adopted a poison pill after an Aussie billionaire amassed a 13% stake. Since being spun off in 2021, ...
Victoria's Secret's poison pill comes at a time when the lingerie maker has been grappling with tepid demand, as consumers avoid expensive purchases amid rising tariff uncertainty and fears of an ...
Australian billionaire Brett Blundy’s investment vehicle, BBRC International Private Limited, increased its stake in the lingerie manufacturer, Victoria’s Secret & Co. (NYSE:VSCO), to implement a ...
Victoria’s Secret & Co. announced a shareholder rights plan after an investor began acquiring a substantial amount of stock in the lingerie retailer.
Victoria's Secret said it has adopted a shareholder-rights plan, better known as a poison pill, to fend off a potential hostile bid as activist investor BBRC International maneuvers to buy up shares.
Victoria’s Secret & Co. is fending off a potential takeover attempt. Victoria's Secret: New chapter or same old story? © 2025 American City Business Journals. All ...
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