Tom Cruise & Katie Holmes: Divorce Finalized
TomKat Divorce Settlement Reached
That was fast. Tom Cruise and Katie Holmes have already agreed to the terms of their divorce.
Katie Holmes' attorney told People, "The case has been settled and the agreement has been signed. We are thrilled for Katie and her family and are excited to watch as she embarks on the next chapter of her life."
A representative for Tom Cruise confirmed the divorce settlement to Reuters: "It is done."
One of the conditions was that Tom Cruise would have some sort of "meaningful contact" with daughter Suri. Originally, Katie Holmes was seeking sole custody.
According to People, Suri will live with Katie Holmes in New York, but Tom Cruise will have visitation rights. Tom Cruise's other kids, two teenage adopted children with ex-wife Nicole Kidman, live in Los Angeles.