Columbus-based Victoria's Secret adopted a shareholder rights plan, after billionaire Brett Blundy's firm increased its stake ...

Victoria's Secret adopted a shareholder rights plan on Tuesday, after Australian billionaire Brett Blundy's investment firm ...

For investors, the action signals a defensive posture by VSCO's leadership to maintain strategic control and protect ...

Victoria’s Secret & Co. is fending off a potential takeover attempt. Victoria's Secret: New chapter or same old story? © 2025 ...

Get insights on Victoria's Secret & Co. Q1 results, BBRC's takeover attempt, and the board's defense strategy under a new CEO ...

Underwear company adopts so-called poison pill after Australian activist shareholder Blundy switches stock-holding ...

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...

The maneuver is in response to the “substantial accumulation” of shares by investment firm BBRC International, which just ...

Victoria's Secret said it will issue one right per share on May 29, which would become active only if a shareholder acquires ...

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 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'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 ...