Entertainment

Cruise, Holmes reach settlement

Tuesday, July 10, 2012    

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NEW YORK (AP) — Tom Cruise and Katie Holmes reached a settlement on Monday, legally sorting out their divorce with the same speed that kicked off their much-scrutinised 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 attorney, Bert Fields, also confirmed the settlement in a statement: "Tom is really pleased we got there and so am I."

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