[UPDATE 2] And it’s official. SEGA Sammy has bought Index Holdings (Atlus’ parent company). It looks like Nikkei simply reported something too early, and SEGA Sammy attempted to curb some of the damage. You can read the report and see for yourself. SEGA will not take on Index’s debt, but instead their properties.
[UPDATE] SEGA Sammy is reporting that they have not made any moves regarding the acquisition of Index Holdings and are denying Nikkei‘s reports. Although it is true that they did bid on the company. The original article will follow below. Any further updates will be added up here.
I’m a little conflicted here, but first the news. It’s been reported in Nikkei that SEGA Sammy has successfully bought out all the assets from Index Holdings that involved Atlus (currently a subsidiary of the company). Earlier this year Index was in a bit of trouble when it was discovered that the company was performing some illegal activities with its finances and unable to pay off its debt. It got to the point where police stormed the offices and was under investigation for fraud. Since then things never improved Index filed for a form of Bankruptcy in Japan, putting itself up for auction. SEGA Sammy was the highest bidder and has bought them. Etrian Odyssey Untold: Millennium Girl is currently the only prior engagement to not be affected by the acquisition.