Capcom now open to acquisition


Capcom’s shareholders have voted to end the company’s takeover defense, the news announced within their most recent investor meeting.

This means that Capcom could now be acquired if a company buys a significant amount of their stock, the announcement being a reversal of the decision made by the same shareholders in 2008 where they chose to impose countermeasures against such occurrence.

The takeover defense is broadly put in place by companies to prevent a stock purchase takeover, whereby another company can gain control by buying enough shares to gain a majority.

[Thanks Gamasutra]

Alex Seedhouse
After starting out with a Yellow Game Boy and a copy of Donkey Kong Land, Alex once hid in his room to play The Legend of Zelda: Ocarina of Time one Christmas. Now he shares his thoughts on Nintendo Insider, keeping track of everything to do with Nintendo.
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