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Victoria's Secret implements a "poison pill" to fend off activist investor BB Retail Capital.
Victoria's Secret has adopted a "poison pill" strategy to deter an activist investor.
The move comes after Australian billionaire Brett Blundy's firm, BB Retail Capital (BBRC), increased its stake in the company.
A poison pill is a defensive tactic used by companies to prevent hostile takeovers.
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Victoria's Secret implementa una "píldora venenosa" para defenderse del inversor activista BB Retail Capital.