By Wendy Mitchell
October 09, 2009 at 08:00 AM EDT

Lionsgate, the company behind the Saw films, is closing a deal to take over the Texas Chainsaw Massacre franchise, Variety reports. The single-film deals for the 2003 remake and 2006 prequel had been set up at New Line. Lionsgate would contemporize the storyline for a 3D film to be written by Stephen Susco (The Grudge).

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