Arc Systems isn't nearly large enough to buy Atlus, despite the success they have had with Guilty Gears and Blazblue.

That article brings up somethin interesting.  Previously in this thread people have talked about how Nintendo is too family friendly for Atlus to remain as they are, and they were countered with the idea that there's no precedent of Nintendo buying a company that made games with mature themes and that company then starts making games with less mature themes, but I think Monolith could be argued to fit that.  

The Xenosaga series was pretty crazy with some of the most disturbing scenes in gaming such as the torture of a child-like character and I can't say that Xenoblade had anything even approaching that "not for kids".  Most of those scenes have to do with Albedo and maye that was just a one-off super creepy villain for the series.  It's impossible to say if the change was just because the people at Monolith decided to tell a story that wasn't as creepy, but you could argue that the buyout by Nintendo changed their development in some way.  

wow the meltdowns that will follow if Nintendo does indeed buy them will be HUGE!!!

nintendo doesn't own any of those developers, and fire emblem is nowhere near as dark or "edgy" as persona or smt.

I assume you don't know a big part of the games Atlus creates. Otherwise you should know, that some of their bigger series work very well with Nintendo.

Atlus is probably one of the most important Japanese publishers/developer studios. This could come to a bidding war.

Hmm, Disaster wasn't very child-friendly (while not super-gory, but that wouldn't have matched to the game either).

No game of them sold more than 1 million. I think we overestimate the importance of Atlus. They seem to be consistent profitable though, that is a feat not every dev is able to do.

Just bought Catherine. Such a brilliant game.

The Shin Megami Tensei series is the third main RPG series of Japan . They are quite important there even if they never broke the Million mark.