Can you imagine a world where video games series like Grand Theft Auto, BioShock, Call of Duty, and World of Warcraft are all owned by the same juggernaut publisher? If the recent rumors about Activision's plans to acquire Take-Two are true, then this could happen.

"There are very strong rumors amongst people at a very senior level within the global business," an anonymous senior executive told MCV regarding the supposed deal.

"But they're not much more than that at the moment – they are just rumors," the executive continued. "And, of course, given Activision's news this week, everyone is now looking to see what their next move is. But you can definitely put two and two together and make four-ish."

Further supporting the rumor is Activision's cancellation of a nearly completed True Crime game, a series which has long been a competitor of Grand Theft Auto. Hearsay is swirling that Activision axed the game in order to foster a better market for Grand Theft Auto, should they acquire Take-Two.

Electronic Arts put out a bid for Take-Two back in 2008, but Take-Two branded the attempt as "inadequate."

We'll keep you updated as this story develops.

[Via Gamespot, thanks for the tip, DLT ]