Underwear company adopts so-called poison pill after Australian activist shareholder Blundy switches stock-holding ...

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. (VSCO) is adopting a limited-duration shareholder rights plan to prevent Australian activist ...