Someone with more knowledge than me needs to post on this subject. I'm going to make some statements that I think are accurate, but please correct me if I am wrong.These things should be called "management protection acts" rather than "Shareholder rights".I've never been a party to (victim of?) one of these before. I've read about them, and they seem to turn out badly for shareholders. The effect is that management gets a huge hammer to shoo away anyone that goes sniffing around to make a hostile takeover.Hostile takeovers usually result in a premium for the shareholders, but also result in an unwanted career change for management. Anyone have any thoughts on this subject? I don't know if this will be put to a shareholder vote (sort of doubt it), but I'd like to have some say in it.