RE:poison pill- Advantages/ disadvantagesA shareholders' rights plan does not prevent a hostile takeover. This is BS. Many companies with shareholders' rights plans in place are the subjects of hostile takeovers. This is just more smoke being blown out by management in order to cloud the situation. In any event, if a large pharma or cosmetic company wanted to buy SBM, they would. Whether it is at $20M or $200M makes no difference to them. All they had to do is to launch a permitted bid. This is so stupid and a complete waste of corporate funds.