1up reports that Hellgate: London may have been bought out by a Korean company, T3 Entertainment. 1up isn't basing this on an official announcement but instead infers it from recent job opening postings on Gamasutra.
I guess this is good news. What choice does the game have? It's either go belly up or get taken over by company best known for its dancing MMO. Dancing?
Oh sweet Jesus, this game is screwed.