Victoria's Secret adopted a shareholder rights plan on Tuesday, after Australian billionaire Brett Blundy's investment firm ...

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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 & Co’s board of directors approved the adoption of a limited-duration shareholder rights plan, or poison pill, to protect the best interest of shareholders, according to a ...

Victoria's Secret's poison pill comes at a time when the lingerie maker has been grappling with tepid demand, as consumers avoid expensive purchases amid rising tariff uncertainty and fears of an ...

Victoria's Secret said it will issue one right per share on May 29, which would become active only if a shareholder acquires a 15 per cent or more stake.

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.

Victoria’s Secret is struggling with the public glare. Since becoming independent in 2021, the lingerie retailer’s shares ...

Victoria’s Secret said in a statement. 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 ...