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 ...

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

The pace of mergers and acquisitisons is picking up this month, with more than 300 deals announced as of May 20, collectively ...

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 ...

Brett Blundy’s BBRC was reported to violate US laws with its purchases of Victoria’s Secret shares in the past three years, ...

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

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

Shares of Victoria's Secret & Co. (NYSE:VSCO) closed up 3.3% with an additional 0.5% gain after hours following the company's announcement of adopting a "poison pill" strategy. The lingerie retailer's ...

Dow Jones Top Company Headlines at 5 PM ET: Palo Alto Networks Posts Higher Sales, But Profit Slips | Google ... The Santa Clara, Calif., cybersecurity company logged higher revenue in its fiscal ...

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

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

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.