Capcom Ends Takover Defense

The publicly traded company opens the door for potential takeovers.

By Andy Hoover. Posted 06/17/2014 17:00 Comment on this     ShareThis

Since 2008, Capcom and its shareholders have been in a defensive pattern, agreeing to make sure that there was never enough stock available for an investor to swoop in and seize a controlling share. It was announced today that the shareholders have chosen to end this course of action and thus make it possible for another company or investor to perform a hostile takeover of the company.

Theoretically, this means Capcom could be seized by pretty much any person or company with sufficient capital, whether it be a competitor in  video game industry or perhaps a fabulously wealthy investor who really wants Mega Man Legends 3 to see the light of day. I’m hoping for the latter. Regardless of any hypothetical situations, there is nothing yet to suggest an interested buyer and Capcom did state that no matter what happens it will be sure to keep shareholders and executives in the loop.

Source: IGN

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