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Get insights on Victoria's Secret & Co. Q1 results, BBRC's takeover attempt, and the board's defense strategy under a new CEO ...
Victoria's Secret adopted a shareholder rights plan on Tuesday, after Australian billionaire Brett Blundy's investment firm ...
Victoria's Secret & Co. (NYSE:VSCO) announced on Tuesday the immediate adoption of a limited-duration shareholder rights plan ...
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.
Underwear company adopts so-called poison pill after Australian activist shareholder Blundy switches stock-holding ...
The lingerie giant is trying to prevent a takeover on the open market that wouldn’t pay a “control premium” to other investors.
The plan, which is often called a poison pill, will issue one right for each share at the close of business on May 29 and be triggered if an investor acquires 15% of outstanding common stock. It ...
(Reuters) - Victoria's Secret adopted a shareholder rights plan on Tuesday, after Australian billionaire Brett Blundy's investment firm increased its stake in the lingerie maker. The 'poison pill ...
Victoria Secret & Co. has an admirer who might be getting a little too close for comfort. The lingerie company adopted a shareholder rights plan — commonly described as a poison pill — to ...
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 ...