After negotiations with the Federal Trade Commission, have agreed to wait at least 45 days before pushing ahead in a bid to finalise their of publisher Take-Two.

The publisher has confirmed they will wait for the outcome of an FTC investigation into the deal, despite the fact that the present 2 billion USD offer is set to expire on June 16th.

Take-Two have so far rebuffed EA's advances, but did promise to hold discussions once GTA IV was launched. Shares in were up 1%, while EA's were up 1.4%, as this news emerged.

We'll keep you posted on this.

By Luke Guttridge