Sacha Baron Cohen signs for "Borat 2″

NEW YORK (Reuters) – British comedian Sacha Baron Cohen has signed a deal to make “Borat 2,” a sequel to the hit film about a boorish Kazakh journalist on a road trip across America, News Corp. Chief Executive Rupert Murdoch said on Thursday.

A 20th Century Fox rival — Universal Pictures which is controlled by General Electric Co. — reached a deal with Cohen in November for film rights to another of his alter egos, a gay Austrian fashionista named Bruno, for a reported $42.5 million. The Hollywood Reporter said at the time that Universal plans to start shooting the Bruno film this summer for a 2008 release.

Plans by Fox for a “Borat” sequel remain murky.

Betcha can’t wait.

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