All of the following are true of poison pills except for

Group of answer choices

a.They are a new class of security

b.Generally prevent takeover attempts from being successful

c.Enable target shareholders to buy additional shares in the new company if an unwanted shareholders ownership exceeds a specific percentage of the targets stock

d.Delays the completion of a takeover attempt

e.May be removed by the targets board if an attractive bid is received from a so-called white knight.