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' plan, known as ...

The maneuver is in response to the “substantial accumulation” of shares by investment firm BBRC International, which just ...

The company provided preliminary Q1 results, but a shutdown of its website during “retail’s all-important Memorial Day ...

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 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 (VSCO) announced the immediate adoption of a limited-duration shareholder rights plan, which will remain in ...

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 ...

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

Victoria’s Secret's website remains offline after a major cyberattack. Experts warn of rising threats to retailers and urge customers to protect their data.

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

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