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Victoria's Secret adopted a shareholder rights plan on Tuesday, after Australian billionaire Brett Blundy's investment firm ...
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. Click for more on VSCO stock.
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 & 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 business ...
Victoria’s Secret & Co. (VSCO ... A limited-duration shareholder rights plan, also known as a “poison pill,” gives each shareholder the right to buy more stock if any person or group ...
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 is struggling with the public glare. Since becoming independent in 2021, the lingerie retailer’s shares ...
Victoria’s Secret has taken its website offline and suspended certain in-store services after a significant cybersecurity ...
(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 ...
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 ...