Summit Entertainment picks up Perks of Being a Wallflower

 The Vulture is reporting an exclusive tidbit that Emma's long rumored indie film  "Perks of Being a Wallflower" is being picked up by Summit. It's unknown whether Mr. Mudd Productions is still involved. A formal announcement from Summit is expected next week.

The Playlist, Hollywood, Screenrant, Flix 66, Screen Junkies, Huffington Post, I am Rogue, MTV all have articles about the acquisition.