The film, also starring Jake Johnson, Ed Helms, Jon Hamm and Hannibal Buress, is currently being shot in Atlanta, according to The Hollywood Reporter.
Directed by Jeff Tomsic, the movie tells the story of a group of friends, now adults, who have been playing a no- holds-barred game of Tag since first grade, all at the expense of jobs and relationships.
Dennehy, 79, will play Johnson's father in the film.
The movie is scheduled to release on June 29 next year.
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