Take-Two Interactive Software Inc, the video game publisher best known for "Grand Theft Auto," said Chief Executive Ben Feder will step down and be replaced by Strauss Zelnick, the company's executive chairman

  Shares jumped more than 5 percent after the announcement, an increase that one analyst attributed to speculation that the management change could set the stage for an acquisition of Take-Two. Take-Two's shares closed up 4.7 percent, or 48 cents, at $10.67 on Nasdaq. "One could speculate this is an early signal that the company is getting closer to ultimately being taken out," said Sterne Agee analyst Arvind Bhatia