Like most, I'm not sure what to make of this. My first thought was that this was corporate raider 101 - separate corporate assets into smaller, sell-able units.
Hot housing all the TT games in one group seems like a smart move, but I was never overly impressed by Will Shick's era of Warmachine (not sure how much creative control he actually had mind you and PP looks like a down-trending company of late). A bit of a toss up there for me.
CP minis have always looked iffy compared to the Knight Model's Marvel minis* and the most recent Legion hard plastic is quite good (ok, B1s were tricky to assemble), so I certainly hope we get to keep the Legion design and production staff. Frankly I am hoping the Marvel CP minis quality improves because of this and some of my game group have been pushing for us to try it.
*The story behind KM's losing the Marvel TT license is pretty hilarious. One of the dumbest series of business decisions in gaming.