(via Gamasutra)
Today, Capcom announced that at its most recent investor meeting, its shareholders voted to end the company's takeover defense -- which means that Capcom could now be acquired if a company buys up large amounts of its stock.
Many companies have defenses against a stock purchase takeover, and there are various schemes and strategies they can adopt to block a party from gaining control of the company by buying up its stock.
Capcom originally put such countermeasures in place in 2008 following a shareholder vote. This latest development won't stop the company's management from attempting to "react to make necessary measures within the admissible limits of applicable laws and regulations," the company said in its statement.
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I know I'm setting myself up for disappointment, but...
FOR THE LOVE OF ALL THAT IS GAMING, NINTENDO!!! MAKE AN AGGRESSIVE BID FOR CAPCOM AND TAKE OVER JAPAN, DAMNIT!!!!!!!11
Nintendo's post-Yamamuchi leadership has definitely shown that they're human throughout the Wii U's lifetime, but I can honestly put all of my trust in their potential ability to unfuck Capcom. I doubt they'll take their usual "hands-off" approach that they normally do with their acquisitions, but I seriously doubt they're willing to do a swath of layoffs. If not Nintendo, then at least SEGA.
In any case though, very interesting news.
Today, Capcom announced that at its most recent investor meeting, its shareholders voted to end the company's takeover defense -- which means that Capcom could now be acquired if a company buys up large amounts of its stock.
Many companies have defenses against a stock purchase takeover, and there are various schemes and strategies they can adopt to block a party from gaining control of the company by buying up its stock.
Capcom originally put such countermeasures in place in 2008 following a shareholder vote. This latest development won't stop the company's management from attempting to "react to make necessary measures within the admissible limits of applicable laws and regulations," the company said in its statement.
~~~~~~~~~~~~~~~~~~~~~~
I know I'm setting myself up for disappointment, but...
FOR THE LOVE OF ALL THAT IS GAMING, NINTENDO!!! MAKE AN AGGRESSIVE BID FOR CAPCOM AND TAKE OVER JAPAN, DAMNIT!!!!!!!11
Nintendo's post-Yamamuchi leadership has definitely shown that they're human throughout the Wii U's lifetime, but I can honestly put all of my trust in their potential ability to unfuck Capcom. I doubt they'll take their usual "hands-off" approach that they normally do with their acquisitions, but I seriously doubt they're willing to do a swath of layoffs. If not Nintendo, then at least SEGA.
In any case though, very interesting news.