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Capcom opens its doors for a buyout

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Posted by: Austin Wood

Capcom today announced, following its most recent investor meeting, that the company will be dropping its defenses against hostile takeovers.

The defenses, initially put in place in 2008 through a shareholder vote, were designed to protect the company from being bought out by way of its stock. With them now being removed, any outside buyer could buy the company by purchasing the majority of its stock.

“If there is any large-scale purchaser of Capcom stock, we will react to make necessary measures within the admissible limits of applicable laws and regulations,” the company added in a follow-up statement.

At this time, no companies or studios have made their interest in Capcom known, nor has Capcom itself clarified what a potential buyout could mean for its many upcoming titles.

A less serious change of hats, long-time Street Fighter 4 producer Yoshinori Ono confirmed his departure from Capcom Vancouver just yesterday.

[Gamasutra via ShackNews]

Tags: Capcom

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