news\ Jun 17, 2014 at 7:00 pm

Capcom opens its doors for a buyout


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]

About The Author
Austin Wood Austin Wood started working as a writer when he was just 18, and realized he was doing a terrible job at just 20. Several years later, he's confident he's doing a significantly less terrible job. You can connect with him on Twitter @austinwoodmedia.
In This Article
From Around The Web
blog comments powered by Disqus