Question: The preemptive right is designed to allow management to refuse stock ownership. Any voting power allow managers to preempt a stock offering if they do

The preemptive right is designed to allow management to refuse stock ownership. Any voting power allow managers to preempt a stock offering if they do not like the terms of the deal, allow existing shareholders right to sell their existing shares before the new offer allow existing shareholders to buy shares of the new offering if they desire or none of the apartments.

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