UPDATE: This is the time of a big flick festival when IFC starts taking off the table the titles that didn’t turn into big theatrical release auctions.

IFC made a big play Tuesday for the Neil Jordan-directed vampire tale Byzantium, and now the distributor is thisclose to closing a deal on the Noah Baumbach-directed black and white flick Frances Ha.

We’ll post when it’s final.EARLIER: 11:19 AM:TORONTO, CANADA (September 13, 2012) – IFC Films announced today from the 2012 Toronto International Film Festival that the company is acquiring all North American rights to director Mira Nair’s THE RELUCTANT FUNDAMENTALIST starring Liev Schreiber, Kate Hudson, Kiefer Sutherland, and Riz Ahmed in the title roles.Based on the best-selling novel of the same title by Mohsin Hamid, THE RELUCTANT FUNDAMENTALIST tells the story of a young Pakistani man (Ahmed) whose pursuit of corporate success on Wall Street leads him on a strange path back to the world he had left behind.

Toronto festival programmers wrote: “a boldly dramatic adaptation of a remarkable, timely novel, Mira Nair’s THE RELUCTANT FUNDAMENTALIST promises to be one of the most talked about flicks of the year.

Mixing romance and tragedy with the classic arc of ambition thwarted, Nair brings Mohsin Hamid’s award-winning 2007 book to the screen with both passion and insight.

She also delivers a cracking ...... See Complete Article @ Deadline Hollywood