Post by Deleted on Jun 17, 2014 10:47:24 GMT -8
According to Gamasutra, Capcom is open to a takeover!
Here is Capcom's statement:
Here is the flowchart that wasn't approved by the shareholders:
Today, Capcom announced that at its most recent investor meeting, its shareholders voted to end the company's hostile takeover defense -- which means that Capcom could now be acquired if a company buys up large amounts of its stock.
Here is Capcom's statement:
The 35th Ordinary General Meeting of Shareholders of Capcom Co., Ltd. was held today, June 16, 2014. At this meeting, the shareholders did not approve our third proposal: Renewal of Countermeasures in response to a Large-Scale Purchase of Shares of the Company (Takeover Defense). Capcom made an announcement concerning this proposal in a press release dated May 16, 2014.
1. Result of voting
The takeover defense proposal was not approved because this proposal did not receive majority of voting rights as required.
2. Upcoming actions
Despite of non-approval of Renewal of Takeover Defense at the 35th Ordinary General Meeting of Shareholders, Capcom will continue to focus on further preserving and enhancing corporate value and common interests of its shareholders. If there is any large-scale purchaser of Capcom stock, we will react to make necessary measures within the admissible limits of applicable laws and regulations. In addition, we will react to take steps to ensure disclosure of the position of the board of directors and other information and that there is sufficient time for shareholders to examine the proposed large-scale purchase and reach a decision.
1. Result of voting
The takeover defense proposal was not approved because this proposal did not receive majority of voting rights as required.
2. Upcoming actions
Despite of non-approval of Renewal of Takeover Defense at the 35th Ordinary General Meeting of Shareholders, Capcom will continue to focus on further preserving and enhancing corporate value and common interests of its shareholders. If there is any large-scale purchaser of Capcom stock, we will react to make necessary measures within the admissible limits of applicable laws and regulations. In addition, we will react to take steps to ensure disclosure of the position of the board of directors and other information and that there is sufficient time for shareholders to examine the proposed large-scale purchase and reach a decision.
Here is the flowchart that wasn't approved by the shareholders:
