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Billionaire Wexner sells $327mn in shares of Victoria's Secret owner
short by Kiran Khatri / on Wednesday, 9 June, 2021
Billionaire Leslie Wexner has sold another $327 million worth of shares of L Brands, bringing his total stock sales in the retailer he founded to $500 million this year. The 83-year-old had stepped down as CEO of L Brands last year. Shares of the parent company of Victoria's Secret and Bath & Body Works soared over 600% since March 2020.
read more at BloombergQuint