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Tom Cruise And Katie Holmes Divorce Settlement Finalized

That was fast! Less than two weeks after filing for divorce, TomKat's lawyers have hammered out the details.

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Holmes's attorney Jonathan Wolfe confirmed the deal in a statement to 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.

"We thank Tom's counsel for their professionalism and diligence that helped bring about this speedy resolution."

Read all the details of the settlement at PEOPLE.

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