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Lindsay-Abaire, who won a Pulitzer Prize in 2007 for his play Rabbit Hole, is expected to finalise negotiations soon to board the Sam Raimi-directed sequel.
Zodiac scribe James Vanderbilt had previously worked on a screenplay for a fourth movie, allegedly sketching out a story arc spanning across two movies.
Tobey Maguire will return to the lead role, with Kirsten Dunst also expected to be back as love interest Mary-Jane Watson.
A tentative release date of May 2011 has been penciled in for Spider-Man 4.
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