Victoria's Secret-parent L Brands rockets higher following a report that its billionaire owner is looking to sell the brand

Business Insider

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· *Victoria's Secret-owner L Brands surged as much as 16% in early Wednesday trading after The Wall Street Journal reported owner Les Wexner is in discussions to step down as CEO and sell the lingerie giant.*
· *The talks are reportedly ongoing, and could involve the full or partial sale of the brand, or end without any deal,...

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