Capcom Currently Open to Takeover

Monday, June 16th, 2014

Share this page

We are proudly a Play-Asia Partner

SUPPORT OPRAINFALL BY TURNING OFF ADBLOCK

Ads support the website by covering server and domain costs. We're just a group of gamers here, like you, doing what we love to do: playing video games and bringing y'all niche goodness. So, if you like what we do and want to help us out, make an exception by turning off AdBlock for our website. In return, we promise to keep intrusive ads, such as pop-ups, off oprainfall. Thanks, everyone!

By


Capcom-Logo-Featured

Capcom’s money troubles of late have been no secret in the gaming world. Now the company has announced it will end its takeover defense.

The 35th Ordinary General Meeting of Shareholders of Capcom Co., Ltd. was held today, June 16, 2014. At this meeting, the shareholders did not approve our third proposal: Renewal of Countermeasures in response to a Large-Scale Purchase of Shares of the Company (Takeover Defense).

This means any company that buys up enough shares could own Capcom. Now, this doesn’t mean the company will sit idly by if someone does start buying up a large amount of stock. According to an official statement…

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. In addition, we will react to take steps to ensure disclosure of the position of the board of directors and other information and that there is sufficient time for shareholders to examine the proposed large-scale purchase and reach a decision.

Still, should Nintendo or Sony decide that Monster Hunter is worth owning all of Capcom for, this might not be the last we hear of this decision.

SOURCE

About Guy Rainey

I’m Guy Rainey. I’m a hardcore Nintendo fan, a PC enthusiast, and a Sony sympathizer. Also an amateur/aspiring game creator. I love any game that puts story as the main focus of the game, so that means JRPGs are my favorite genre almost by default.