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

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 ...

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

Australian billionaire Brett Blundy’s investment vehicle, BBRC International Private Limited, increased its stake in the ...

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 ...

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

Victoria’s Secret & Co. kept mum on Wednesday as a prolonged “security incident” kept its website dark for a third straight ...

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 ...