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I have no interest in steering Konami back to greatness, but if I were in control, I'd sell off all its gaming IPs since it isn't really all that interested in making games anymore, and then just kick back with the money from their other businesses. If that were somehow enough to bankrupt it, I don't really care, they deserve it.

Metal Gear Solid and anything else ever worked on by Kojima, including Silent Hill: Sell to Kojima Productions
All their arcade IPs, including DDR: Sell to Namco Bandai
Bomberman, Mystical Ninja, Elebits, Lost in Blue/Survival Kids, Contra: Sell to Nintendo
All their sports IPs: Sell to the highest bidder
Castlevania: Sell to whoever Koji Igarashi wants me to sell to, maybe even himself if he wants.
Suikoden, Vandal Hearts, Azure Dreams: Sell to Sony
I think that's everything that matters, anything else sell to the highest bidder I guess