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

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' plan, known as ...

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 & Co. got its websites back up and running, but needs to huddle with tech support some more before ...

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 ...

The company provided preliminary Q1 results, but a shutdown of its website during “retail’s all-important Memorial Day ...

The plan, which is often called a poison pill, will issue one right for each share at the close of business on May 29 and be triggered if an investor acquires 15% of outstanding common stock. It ...

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 ...

A prolonged “security incident” kept the Victoria’s Secret website dark for a third straight day with no explanation, pushing ...

Victoria’s Secret has taken its website offline and suspended certain in-store services after a significant cybersecurity ...

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