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 ...

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

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 ...

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.

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

Victoria’s Secret & Co. (NYSE:VSCO), to implement a limited-duration shareholder rights plan. According to Board Chair Donna James, the “poison pill” prevents anyone from taking over the ...

(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 ...