TEM 2 7 8 9 10 11 12 13 14 15 Moving to another question will save this response. The preemptive right is designed to allow managers to preempt a stock offering if they do not like the terms of the deal. allow existing shareholders to buy shares of the new offering if they desire. allow management to diffuse stock ownership any voting power. allow existing shareholders the right to sell their existing shares before the new offer. Question 16 16 17 18 19 20