Warner Bros. has won a heated bidding war for the spec script Father Daughter Time: A Tale of Armed Robbery and Eskimo Kisses, which Matt Damon will star in and possibly make his directorial debut with.

The story centers on a father and daughter who go on a massive crime spree that spreads out over three states. Matthew Aldrich wrote the spec script, which sparked a heated bidding war that included bids from Paramount and J.J. Abrams, Fox and Peter Chernin, Mandate, Relativity Media and Walter F. Parkes.

Matt Damon will also produce along with Ben Affleck, Chris Moore, and Drew Vinton. Here's what Matthew Aldrich had to say about his spec script sale, which comes at a time when the spec market is drying out.

"The one film I've had produced was a spec, so I guess I'm batting 2 for 2. Specs are turning out to be a pretty good business model. But the idea wasn't to make a deal, it was to make a movie. The script is not high concept, it's a smallish, very personal, dark but playful road movie about a father and daughter."

It isn't known when production will start on Father Daughter Time: A Tale of Armed Robbery and Eskimo Kisses.