Capcom Is Open To A Buyout

Capcom Is Open To A Buyout

Capcom announced that it will not be renewing its takeover defense, which has kept any company from acquiring it all together since 2008 through its shareholders. A third party has the opportunity to buy a large enough share of Capcom stock now to completely own the company. The takeover defense is more well known as a hostile takeover and is now possible due to the shareholders’ decision not to renew the countermeasure.

The company said it “will react to take steps to ensure disclosure of the position of the board of directors,” and also make sure “there is sufficient time for shareholders to examine the proposed large-scale purchase and reach a decision.”

Though it’s open to a buyout, Capcom still has plans to expand and increase focus on internal development. It has already begun construction on its second research and development center in Osaka, Japan. This plan includes hiring 100 new developers per year, with the hope of having a total of 2,500 staff members by 2022.