Jason Bateman, Charlie Day, Jason Sudeikis Close Deals for 'Horrible Bosses 2' (Exclusive)

After more than half a year of negotiations, New Line has closed deals to reunite Jason Bateman, Charlie Day and Jason Sudeikis for a sequel to Horrible Bosses, the surprise hit comedy released in 2011.

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Jamie Foxx is also likely to return and is negotiations to reprise his role as murder consultant Motherf---er Jones for the pic, which will see Seth Gordon back in the director's chair.

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The original movie saw Bateman, Day and Sudeikis as harried workers who, in Strangers on a Train meets Nine to Five fashion, try to off one another's bosses, with mixed results. Foxx mentored -- the term is used loosely -- the trio. John Francis Daley and Jonathan Goldstein, who worked on the first movie, penned the sequel.

Colin Farrell, Jennifer Aniston and Kevin Spacey played the horrible bosses. Farrell’s character died in the movie, but Aniston's and Spacey’s did not. The sequel will have a brand new set of bosses, but there is room for Aniston and Spacey to make cameos.

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The 2011 movie was made for about $35 million and grossed $117 million domestically and $209 million worldwide.

A late-summer start is being eyed for the sequel, which will be produced by Brett Ratner and Jay Stern and executve produced by John Cheng.

Bateman is coming off the success of Identity Thief, his Universal comedy with Melissa McCarthy, which has grossed over $110 million so far. He is repped by CAA and Hansen Jacobson.

Day, one of the stars of TV’s It’s Always Sunny in Philadelphia, will next be seen next to monsters and mechas in Guillermo del Toro’s Pacific Rim. He is repped by WME and 3 Arts.

Sudeikis, repped by CAA and Brillstein Entertainment Partners, next stars in New Line’s August comedy We’re the Millers, which also stars Aniston.