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 ...

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 ...

Victoria’s Secret & Co. is fending off a potential takeover attempt. © 2025 American City Business Journals. All rights ...

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

For investors, the action signals a defensive posture by VSCO's leadership to maintain strategic control and protect shareholder value amid heightened takeover risk. The rights plan aims to ensure all ...

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 ...

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.

(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' ...