The Weinstein Company has partnered with Ron Burkle to acquire the U.S. rights to “The Iron Lady”, a biopic of the first and only Prime Minister of The United Kingdom, Margaret Thatcher.

The film starring Academy Award winner Meryl Streep (“The Hours”, “Julie and Julia”) as Margaret Thatcher. The film also features Academy Award winner Jim Broadbent (the “Harry Potter” series, “Iris”) co-stars as Thatcher’s husband, Denis. The film is directed by Phyllida Lloyd (“Mamma Mia!”) The U.S. theatrical release for the film is set for 2011.

Co-Chairman Harvey Weinstein said this of the film: ” “Having worked with both Meryl Streep and Jim Broadbent, I know that they are without peer as film actors. Even so, I was absolutely blown away by what I saw of their performances as Margaret and Denis Thatcher. Phyllida is doing an incredible job.”

Here’s the official synopsis of the film:

THE IRON LADY is a surprising and intimate portrait of Margaret Thatcher (Meryl Streep), the first and only female Prime Minister of The United Kingdom. One of the 20th century’s most famous and influential women, Thatcher came from nowhere to smash through barriers of gender and class to be heard in a male dominated world.