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

Brett Blundy’s BBRC was reported to violate US laws with its purchases of Victoria’s Secret shares in the past three years, ...

On May 19, 2025, Texas Gov. Greg Abbott signed Senate Bill No. 1057 (SB 1057) into law.

When shareholders push for immediate gains, even the most grounded chief executives can feel torn between protecting a long-term vision and delivering short-term results.

Amazon.com investors at its annual meeting again rejected all outside shareholder resolutions, including three meant to ...

Columbus-based Victoria's Secret adopted a shareholder rights plan, after billionaire Brett Blundy's firm increased its stake ...

Shares of Victoria’s Secret & Co. (NYSE:VSCO) closed up 3.3% with an additional 0.5% gain after hours following the company’s announcement of adopting a "poison pill" strategy. The lingerie retailer’s ...

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

Victoria's Secret said the move was prompted by Blundy's switch in February to 13D ownership filings from 13G filings. The former filing type signals that the investor plans to influence the path of ...

The plan, which is often called a poison pill, will issue one right for each share at the close of business on May 29 and be triggered if an investor acquires 15% of outstanding common stock. It ...