The project, directed by Barry Sonnenfeld and produced by Brian Grazerwould, would reunite the actress with the studio for whom she stars in the "Charlie's Angels" franchise.
She a not a stranger to Carrey, she first made her mark in Carrey's 1994 feature, "The Mask."
Diaz has been circling the project for more than a month. Peter Tolan wrote the update of the script, according to The Hollywood Reporter.
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