Will Michael Bay Return for Transformers 3?

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In an interview with Rotten Tomatoes, Transformers: Revenge of the Fallen producer Lorenzo di Bonaventura was asked about the future of this franchise.

Would a third movie be made, even if director Michael Bay does not sign on for it?

New Transformers: Revenge of the Fallen Poster

Here's what di Bonaventura had to say about that possibility:

As the producer I'd certainly love to see him back. I can't imagine Transformers without him. I guess the studio will see it sometime as such a big asset that they are forced to do it, but Michael has never intimated anything like that - the timing is the big question for him, not whether he is going to do it or not.

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Transformers: Revenge of the Fallen Quotes

What you are about to see is top secret. Do not tell my mother.

Agent Simmons

Sam Witwicky: You don't stop, you don't hide. You run. You understand me?
Ron Witwicky: We're all going together!