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

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 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 ...

Victoria's Secret & Co. Q1 results are expected to ... The main VSCO focus is the hostile takeover attempt by BBRC, countered by a poison pill defense to protect existing shareholders from losing ...

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 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 ...