‘The Hangover Part 3’ to Hit Theaters May 2013

Associated Press

It’s official—The Wolfpack is back.

Warner Bros. announced that The Hangover Part III will hit theaters next year and is slated for a May 24, 2013 release date.

The studio confirmed that he third-installment of the drunken comedy will star Bradley Cooper, Ed Helms, and Zach Galifianakis, who will reprise their roles of Phil, Stu and Alan, or just simply, “The Wolfpack.” Director Todd Phillips also returns as a part of the The Hangover team.

In the announcement, the studio also included a little note that they intend this to be the final Hangover movie.

“We are extremely pleased to have Todd Phillips and the guys back together again for another ‘Hangover,’ and we look forward to collaborating with them on another great movie,” said Jeff Robinov, President Warner Bros. Pictures Group.

Said Phillips: “I’m so excited to embark on another ‘Hangover’ film with Bradley, Ed and Zach. We’re going to surprise a lot of people with the final chapter we have planned. It will be a fitting conclusion to our three-part opera of mayhem, despair and bad decisions.”

Phillips is writing the screenplay along with Craig Mazin, who teamed up with Phillips for the last film.

Projection is expected to begin in September.

The Hangover Part II was a huge hit at the box office after its release in May of last year. The movie made $254 million at home and a worldwide total of $581 million.

The Hangover, released in June 2009, also cashed in big time, making more money at home than the sequel.