"shareholder rights plan" explainedIn the field of mergers and acquisitions, shareholder rights plans were devised in the early 1980s
as a way to prevent takeover bidders from negotiating a price for sale of shares directly with shareholders,
and instead forcing the bidder to negotiate with the board. https://en.wikipedia.org/wiki/Shareholder_rights_plan Investopedia explainss "Shareholder Rights Plan" when "Netflix" used the plan.
https://www.investopedia.com/ask/answers/042015/why-shareholder-rights-plan-called-poison-pill.asp#:~:text=To%20avoid%20being%20the%20target,of%20any%20new%2C%20hostile%20party. IMO, this tells me that one, or two companies has expressd to CYP that they really want CYP, and that they may be the kind of companies that employ ways to get what they want at the lowest price they can get.
OR maybe this is not it at all, and CYP just put this in as a, " just in case effort" to protect shareholders if the negotiating company decides to get, pushy.
On a good note, IMO, in any case, I think that negotiations are getting very serious.