In an hostile acquisition one offers ASSET GRADE prices without potential value and that is what the PP avoids.
And furthermore I don't see what the problem is for most of you that say PPHM isn't worth anything. What do you care about the PP keeping potential candidates from acquiring PPHM in an hostile way if it REALLY has no value?
What an hostile idiot would want to acquire it? SO the PP doesn't harm if PPHM is really without value while it protects if, like I think with others, that it does has large potential value.