Capcom is no Longer Preventing Takeover Bids
If you cruise the right channels you’re probably already aware that Capcom has (as of June 16th) officially reported to their shareholders that the company would no longer utilize their plan to prevent hostile takeovers.
What does that mean? Well it means that, as of this writing, if someone or some company had enough money they could make a serious bid to purchase a good portion, if not all, of Capcom.
So before you start panicking about your most hated publishing company or big business buying your favourite Capcom franchise and destroying it, let’s understand what this means specifically.
Capcom, like any company out there, has stocks that can be bought and sold to secure money for investments. In order to prevent some lunatic with more money than good sense from coming along and ruining things most companies have plans and provisions that expressly prevents that.
Capcom has basically said that they no longer will implement that strategy and instead focus on “on further preserving and enhancing corporate value and common interests of its shareholders” which can be easily interpreted several ways.
The question comes down to what these plans were and how much it demanded of Capcom financially to have them implemented? This could as easily be seen as an open invitation to court bids from favourable companies to buy Capcom or it could be a refocusing of funds to recoup losses from the past financial year.
To say the least, since this announcement follows E3 it might be indicative of the fact that during E3 they only announced one new title for consoles (Ultra Street Fighter 4) with more focus on handhelds and tablets. So we will see, come the holiday season, what the future holds for Capcom.
