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Posted on Tue. Jul. 10, 2012 - 12:01 am EDT

PEOPLE IN THE NEWS

Cruise, Holmes quickly reach deal in divorce

NEW YORK — Tom Cruise and Katie Holmes reached a settlement on Monday, legally sorting out their divorce with the same speed that kicked off their much-scrutinized romance seven years ago.

Just as Hollywood was settling in for what was expected to be a long and nasty separation, lawyers for the couple said the pair settled less than two weeks after Holmes unexpectedly filed for divorce.

“The case has been settled and the agreement has been signed,” Holmes attorney Jonathan Wolfe said in a statement.

Cruise’s rep, Amanda Lundberg, confirmed the settlement.

Representatives for Holmes and Cruise declined to elaborate on the agreement.

Mindel said the next step would be for Holmes or Cruise to file to have their status changed to divorced, but that the actual financial and child custody details won’t get filed in court unless there’s some later dispute.


– Associated Press


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