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Get insights on Victoria's Secret & Co. Q1 results, BBRC's takeover attempt, and the board's defense strategy under a new CEO ...
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 ...
For investors, the action signals a defensive posture by VSCO's leadership to maintain strategic control and protect ...
Victoria’s Secret & Co. is fending off a potential takeover attempt. © 2025 American City Business Journals. All rights ...
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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 ...
The budget reconciliation bill that passed in the House this week includes groundbreaking school choice legislation that ...
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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.