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Atlus parent company preparing to sell off operations

Atlus parent company preparing to sell off operations

July 19, 2013 | By Mike Rose

July 19, 2013 | By Mike Rose
More: Console/PC, Business/Marketing

Newsbrief: Following the news that Atlus parent company Index Corporation has filed for the Japanese equivalent of the Bankruptcy procedure, it's now reported that Index will begin selling off its operations as soon as possible.

According to Bloomberg Japan, and as noted by Destructoid, Index aims to have this prodecure completed by early September, and industry experts say the settlements may total 15 billion yen ($149.9 million).

The company will apparently be delisted from the Japanese stock market on July 28. Index has debt totalling 24.5 billion yen ($249.7 million).

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