In a regulatory filing, BBRC International and Brett Blundy disclosed a 9.8% stake in Victoria’s Secret and stated: “The Reporting Persons have engaged, and intend to continue to engage, in communications with members of the Issuer’s board of directors and management team regarding opportunities to enhance stockholder value, including potential improvements to the composition of the Board.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on VSCO:
- Victoria’s Secret upgraded to Overweight from Equal Weight at Wells Fargo
- Victoria’s Secret to create AI-powered shopping experiences with Google Cloud
- Victoria’s Secret & Co. to Create New AI-Powered Shopping Experiences with Google Cloud
- Victoria’s Secret and Google Cloud announce strategic partnership
- Victoria’s Secret traffic data points to Q4 topline upside, says Morgan Stanley