GTA hits next gen systems
this spring

Electronic Arts offered some $2 billion to take over fellow game publisher Take-Two in an all-cash deal.

Take-Two is poised to launch Grand Theft Auto 4 on April 29. Next-Gen reports EA wants to get the deal done before the game's release, to avoid disruption.

Take-Two rejected EA's offer, which valued the company at a paltry $26 a share. According to Reuters, Take-Two shareholders are waiting for an offer of around $33 a share.

An analyst says the company will easily find suitors ready to offer $33 per share when Grand Theft Auto 4 debuts, even if EA doesn't buy it.