(a) In 60 words or less, describe (in generic form - no pun intended) the critical elements of a "poison pill" (or Share Rights Plan)?
(b) Why would a BOD issue poison pill rights (or options) to its shareholders?
(c) If you were the shareholder of a company, would you be in favor of your BOD issuing a poison pill? State either "For" or "Against" and briefly explain your position.