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Capcom is up for Sale; It finally happened.
Topic Started: Jun 20 2014, 04:45 AM (210 Views)
VlaDDrakkeN
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The Jester
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Looks like the mighty publisher behind some of the video game industry’s most memorable franchises is now up for purchase in the market, as shareholders of the Japanese gaming company CapCom have decided not to renew their “Takeover Defense” policy—used as a countermeasure to prevent any hostile takeovers and to keep the company as an independent entity—and a buyout is now possible by any interested parties.

The decision opens up shares and stock of CapCom to be bought, allowing major companies the opportunity to move in on one of the most recognizable third-party video game developers of all time.

This is a possible and major turning point in the company’s history, as anybody who purchases a major stake can have the authority to shift or retain the direction it goes.


CapCom open for sale after non-renewal of 'Takeover Defense'
By TIM G. VILLASORJune 19, 2014 12:40pm



Looks like the mighty publisher behind some of the video game industry’s most memorable franchises is now up for purchase in the market, as shareholders of the Japanese gaming company CapCom have decided not to renew their “Takeover Defense” policy—used as a countermeasure to prevent any hostile takeovers and to keep the company as an independent entity—and a buyout is now possible by any interested parties.

The decision opens up shares and stock of CapCom to be bought, allowing major companies the opportunity to move in on one of the most recognizable third-party video game developers of all time.

This is a possible and major turning point in the company’s history, as anybody who purchases a major stake can have the authority to shift or retain the direction it goes.

CapCom's official statement reads:




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.



Known for publishing and releasing major gaming titles and franchises such as the Street Fighter, Megaman, Monster Hunter, and the Resident Evil series, CapCom was founded in 1983, and has gone on to become one of the leading brands and enterprises related to the gaming industry.

The name is a portmanteau of “Capsule Computers”, coming from the arcade machines the company manufactured and made during its early years to designate themselves away from personal computers.

Since then, the company has not only continued to develop video games, but has also branched out and created other forms of entertainment and media, ranging from books to toys and even films based on their properties, such as the 1994 Street Fighter film starring Jean-Claude Van Damme and Paul W.S. Anderson’s Resident Evil films.

The news comes just as CapCom’s presence was surprisingly and somewhat mysteriously low-key at this month’s Electronic Entertainment Expo. With only a few titles and new DLC content announced for next-generation consoles and no major announcements made for their popular franchises, one can only wonder what is going on behind-the-scenes in one of the most recognizable brands of video game popular culture.

Some speculate that it is the end of CapCom as we know it, while others are hopeful that the potential buyout may be the new direction the company needs. We can only wait and see how this develops over time. — TJD, GMA News


http://www.gmanetwork.com/news/story/366364/scitech/geeksandgaming/capcom-open-for-sale-after-non-renewal-of-takeover-defense

Welp, looks like Capcoms finally hitting rock bottom. So either it will be bought(and hopefully better managed) or break up like THQ did.

I want to say I'm saddened by the news...but honestly? I think I was mentally preparing for this when it became clear that not only was Capcom making horrible, HORRIBLE decisions, but also in financial trouble.
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Sharizard
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Sad though it may be this is finally a chance for someone with responsibility and vision to pick up their intellectual property and franchises.

Or the exact opposite.
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Shyna
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I felt that this was going to happen sooner or later, because of all that's been happening with them.

I wonder what will happen? Perhaps Nintendo might actually buy the rights to Megaman, or perhaps SEGA might get the rights to Street Fighter and/or Devil May Cry.


Though I wonder this. If Nintendo decides to get Megaman (or perhaps some other good company), and makes new games, will that make Inafune have to cancel his Mighty No. 9 Project, or could it keep going?
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Also, I would like to ask a favor from for anyone who is my friend here.
If someday we meet in person in the near future, and I had recently done anything that would confirm that I had become a Brony (which as of now I am not one), such as if I had posted on a Pony-related fan-site, drawn a Pony-themed artwork, contributed to a Pony fanfic, or anything else along those lines. If I have done anything like that, I want you to punch me in the face without warning. This make sound like I'm joking, but I am absolutely serious about this. Ignore any future statements retracting this if I ever make any. Though if you do, please first confirm that it is me who is doing it, and not some Brony who is posing as me and wants to see me get punched. I do not wish to go down the path of the Bronies, and hopefully those of you reading this will help me so that it stays that way, if god forbid I ever even attempt it.
Thank you.
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Neo MetallixPosted Image
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It's not up for sell it's just easier for a company to do a hostile takeover. Although I doubt anyone will buy them. Anyway they have made horrible decisions and are doing poorly, I don't think they will tank completely. Plus they still have big games coming out like Deep Down and others. I know there was one more that they were working on, can't remember. Plus the inevitable Street Fighter V. But they need to start doing things differently...
Edited by Neo Metallix, Jun 26 2014, 10:25 AM.
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Puncture the Porcupine, my fancharacter!
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BLOPS2
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Walkers, Walkers everywhere
To be honest, the only Capcom games I've played are Ressie 4, 5 and 6, and Megaman 1 & Bass. So I don't really have any fondness of them, persay. But it looks like a lot of people do, so, it's sad for this to happen, but this is what happens when you make so many terrible decisions.
Gonna dropkick it.
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MetalShadowOverlord
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It's a shame Inafune won't buy Capcom. Talk about a slap in the face. XD
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Neo_Fire_Sonic
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i better get out my wallet, or hope nintendo buys it since no one can do crap with video games these days
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Oh yeah, I'm back.... fer stuff. HEH HEH heh. Whatever jeez
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HollyYoshiPosted Image
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I object to your claims
I don't have a lot of fondness for Capcom, seeing as how the only franchise I've invested any interest in of theirs is Ace Attorney. Still, it would suck of an unreliable company got to them.
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