Capcom shareholders vote to open company to possibility of a takeover
Yesterday, Capcom announced that its shareholders voted to end the companies takeover defense. This means Capcom could be acquired if a company purchases a large amount of 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.
This doesn’t’ mean that Capcom is ready for a majority buyout or wouldn’t “react to make necessary measures within the admissible limits of applicable laws and regulations.” It does mean, if the right offer was made, a Capcom acquisition could be possible.