Question: The preemptive right is designed to O allow managers to preempt a stock offering if they do not like the terms of the deal O

The preemptive right is designed to O allow managers to preempt a stock offering if they do not like the terms of the deal O allow management to diffuse stock ownership any voting power O allow existing shareholders the right to sell their existing shares before the new offer O allow existing shareholders to buy shares of the new offering if they desire

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