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Tom Cruise and Katie Holmes Reach Divorce Settlement

Truth rating: 10

By Michael Lewittes

(GettyImages)

Tom Cruise and Katie Holmes have reached a divorce settlement less than two weeks after they split, reps for the pair confirm to Gossip Cop.

Holmes’ lawyer Jonathan Wolfe tells Gossip Cop in a statement, “This 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.”

Wolfe adds, “We thank Tom’s counsel for their professionalism and diligence that helped bring about this speedy resolution.”

Cruise and Holmes also issued a joint statement, which reads, “We are committed to working together as parents to accomplish what is in our daughter Suri’s best interests.”

“We want to keep matters affecting our family private and express our respect for each other’s commitment to each of our respective beliefs and support each other’s roles as parents,” add Cruise and Holmes.

While lawyers for the former couple are keeping details about the agreement confidential, it’s been widely reported that Suri will reside primarily with Holmes under the new custody arrangement, with Cruise given generous visitation rights.

Holmes was also reportedly granted primary legal custody of Suri.

She blindsided Cruise when she filed for divorce a week and a half ago.

She and daughter Suri have since moved into a new apartment in New York.

Check out PHOTOS of Katie & Suri going food shopping in NYC

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