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 ...

Get insights on Victoria's Secret & Co. Q1 results, BBRC's takeover attempt, and the board's defense strategy under a new CEO ...

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 ...

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

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

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 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 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 ...