Capcom shareholders say Capcom can be bought!

[Shaissa]

Capcom’s shareholders have struck down the company’s existing takeover-defense plan, signaling that the company is open to being acquired. This does not mean that the publisher will be purchased, nor does it suggest how an acquisition might happen.

The defense plan would trigger a series of processes if any shareholder or group sought to control more than 20 percent of outstanding shares. There is currently no proposal for such an action that Capcom is aware of, though.

This move by shareholders lowers the drawbridge for potential buyers, but guards are still posted. The company says it will take available legal measures to prevent a hostile takeover.

This could also be a move from shareholders to spur the directors into action to increase value. This could manifest as a stock repurchase or simply refinement of business strategy. We won’t know until an offer is on the table if shareholders are serious about the desire to sell, or if this is a feint to force the hands of those in governance roles

Source: http://www.gameinformer.com/b/news/...olders-signal-potential-buyout-interest-.aspx



I kinda hope someone that knows what Capcom once meant to the video game industry buys them. Then maybe we can get something good again.... Get a... NEW Megaman.... A REAL Breath of Fire... A GOOD Resident Evil again! something worthwhile!