The Weinstein Company has acquired writer-director Ryan Coogler's debut feature Fruitvale, beating out studios such as Fox Searchlight, Paramount Pictures, Focus Features and CBS Films in a heated bidding war.

The drama is based on the true story of Oscar Grant (Michael B. Jordan), a 22-year-old man who was shot dead in Oakland by transit police, in a case that caused protests over police brutality in the Bay Area. Chad Michael Murray, Kevin Durand, Octavia Spencer, Ahna O'Reilly, and Melonie Diaz also star.

Fruitvale was picked up for just over $2 million by The Weinstein Company, in a deal that guarantees a commitment for a major theatrical release. Forest Whitaker produced the drama alongside Nina Yang, with actress Octavia Spencer also serving as a co-executive producer.

The film has garnered the same kind of momentum that previous Sundance favorites Precious and last year's Beasts of the Southern Wild rode all the way to critical acclaim and multiple award nominations.