Activist Investor Challenges Victoria's Secret Board Again
BBRC International, led by Brett Blundy, is challenging two members of Victoria’s Secret & Co.'s board ahead of the company's annual shareholder meeting. The activist investor claims poor governance and a failed acquisition as reasons for opposing re-elections. VSCO supports its current directors, citing reputational and legal risks associated with appointing Blundy.
Tickers: $VSCO