The only major game publishers that would benefit from purchasing Atlus straight up are Nintendo, Microsoft and EA.
Nintendo: Gets new employees to help them expand as well as a few that have some development experience on HD consoles which Nintendo sorely lacks and access to a popular Japanese franchise in Shin Megami Tensei and its spin offs like Persona.
Microsoft: They no doubt would like more Japanese support, having a company that produces more Japanese centric games exclusive to their consoles plus a major franchise like SMT would be a big boon in pushing more Japanese gamers into giving the Xbox One or whatever the Japanese equivalent of their Windows platform a shot.
EA: Technically, I could see them if they were really serious about increasing their international presence in Japan buying Atlus, farming a few of their games and using them as a international distribution arm. EA has more reason then Namco Bandai since that company barely tries to support it own major RPG brand and adding another could pretty much end with the end of one of the franchises for a long period of time... see every RPG franchise bought by Square Enix outside of Final Fantasy and Dragon Quest.
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