Let's start with the bad news. Index, parent company to Atlus, has filed for bankrupty proceedings to auction off all of their assets. That includes Atlus, publishers of Shin Megami Tensei IV and Dragon's Crown, and in fact the auction for Atlus has already begun. The good news is that reports are saying as many as twenty bidders have already stepped forward. Atlus may have a new home as soon as September.
Twenty bidders, including Sega holding company Sega Sammy Holdings, have come forward with bids approaching a rumored $200,000 million. By next week those bids will have been combed over and narrowed down to a smaller number, finally boiling down to a single winner by the end of August.
That it's already known that Sega Sammy is bidding on Atlus should be telling. Not only does Atlus have some very strong and profitable IPs, but they bring one of the strongest localization teams in the industry. Who might the other bidders be? Impossible to say, but I'd be surprised if the list didn't include big Japanese studios with slow localization times -- Square Enix, Capcom, Namco Bandai and maybe even Nintendo.
More information on the Index bankruptcy and Atlus' future will be available as is breaks.