Napalm Riot

Take-Two Interactive Software's (TTWO) "Grand Theft Auto IV" is certain to be a blockbuster hit with video game fans. But will the latest installment of the violent crime series post the kind of sales needed to snatch a higher bid from Electronic Arts? (ERTS)

EA offered to buy Take-Two for $2 billion in cash on March 13. Take-Two said the offer substantially undervalued the company; it rejected the bid. Take-Two said it wouldn't negotiate with EA until after the release of GTA IV, which is out Tuesday.

(Continuation Source: http://www.investors.com/…?artsec=17&issue=20080428)