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 ...

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

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

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 ...

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 ...

The lingerie giant is trying to prevent a takeover on the open market that wouldn’t pay a “control premium” to other investors.

Australian billionaire Brett Blundy’s investment vehicle, BBRC International Private Limited, increased its stake in the ...