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Third Point to launch proxy fight against Bath & Body Works – WSJ

Reuters
Reuters
FILE PHOTO: Shoppers wait in line outside a Bath and Body Works retail store in Brooklyn, New York

(Reuters) – Third Point LLC plans to launch a proxy fight against Bath & Body Works Inc to address excessive executive pay and the company’s lagging financial performance, the Wall Street Journal reported on Wednesday.

(Reporting by Granth Vanaik; Editing by Shinjini Ganguli)

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