Capcom shareholders have voted to dissolve its hostile takeover defense plan. This means another company could swoop in and purchase a majority stake in the firm.
Capcom voted to implement a policy in 2008 which would counter any hostile takeover attempt by another company. Many public firms have such measures in place to protect it.
However, it doesn’t seem likely at this point a company will swoop in and buy up the company stock Capcom.
The company said in a statement it will “react to make necessary measures within the admissible limits of applicable laws and regulations,” to regarding the new policy.
Shacknews has come up with a plausible list of potential buyers and what it could mean for the industry here.