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I not sure what the hype around Nintendo buying Atlus is about. It's not a good idea. Nintendo has proven time and time again they do not care about RPG's not tied to popular brands.

We had to beg for The Last Story by popular designer Hirinobu Sakaguchi.

Nintendo has done almost nothing with Monolithsoft and that is a truly talented developer and given proper resources they could create something to rival FF.

Nintendo take's the RPG Paper Mario.. then removes the RPG!?

They nearly cancelled the Fire Emblem series
Where Earthbound/Mother? The Wii U release is the first thing in years to happen to the series.

Seriously! Ask yourselves. Do you want Nintendo to buy Atlus? I damn sure dont.