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Australian billionaire Brett Blundy’s investment vehicle, BBRC International Private Limited, increased its stake in the ...
Columbus-based Victoria's Secret adopted a shareholder rights plan, after billionaire Brett Blundy's firm increased its stake ...
Underwear company adopts so-called poison pill after Australian activist shareholder Blundy switches stock-holding ...
Get insights on Victoria's Secret & Co. Q1 results, BBRC's takeover attempt, and the board's defense strategy under a new CEO ...
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Stocktwits on MSNVictoria’s Secret Adopts ‘Poison Pill’ To Block Hostile Takeover By Activist Investor Brett BlundyVictoria’s Secret & Co. (VSCO) is adopting a limited-duration shareholder rights plan to prevent Australian activist shareholder Brett Blundy from accumulating its shares. A limited-duration ...
Brett Blundy’s BBRC was reported to violate US laws with its purchases of Victoria’s Secret shares in the past three years, ...
Victoria's Secret & Co. (NYSE:VSCO) announced on Tuesday the immediate adoption of a limited-duration shareholder rights plan ...
The lingerie giant is trying to prevent a takeover on the open market that wouldn’t pay a “control premium” to other investors.
Victoria's Secret said it will issue one right per share on May 29, which would become active only if a shareholder acquires ...
Victoria’s Secret has been in talks with Australian activist shareholder Brett Blundy for the past three years about a path to grow the retailer and boost returns, but now the undergarments ...
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