Hulk Hogan & Wife Settle Divorce

The bitter war between Hulk Hogan and his wife of 23 years, Linda Hogan, has finally come to an end, with the pair announcing that they have reached a settlement in their mammoth divorce case.

Hogan and Linda announced their divorce agreement at a brief hearing in Clearwater, Fla., on Tuesday, nearly two years after Linda first filed for divorce.

“We’ve reached a marital settlement agreement,” Linda’s attorney, Ray Rafool, told the judge.

Hogan’s rep released a statement to the media on the case, and said: “Hulk is looking forward to moving on with his life and is very hopeful that he and Linda can maintain a friendship and work together as parents of their two children.”

Outside the courtroom, Linda told the waiting paparazzi, “The war is over.”

The couple, who married in 1983, have two children – Nick and Brooke – the latter of which took over her father’s reality television show, Hogan Knows Best, when her parents’ martial troubles came to light.

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Jackson Guardianship Hearing Postponed

The guardianship hearing for Michael Jackson’s three children has been postponed for a second time, with reports that Jackson matriach Katherine and her onetime daughter-in-law Debbie Rowe are close to a settlement.

The hearing had been slated for July 20, but has since been re-scheduled for August 3, after sources revealed to TMZ.com that both Rowe and the Jackson family were “in discussion” over a custody settlement for the two eldest Jackson children, Prince Michael I and Paris Michael Katherine.

The deal, according to the sources, “is amicable and involves the children – not money,” and is expected to be agreed upon soon.

It is believed that Rowe had a secret deal with her ex-husband, Michael Jackson, involving the children and a very large sum of money, to be paid at various intervals for an “unknown” and extended period of time. That agreement is said to have “survived” Jackson’s death, which would explain why Rowe doesn’t seem to be pushing for money at this point in time.

Katherine Jackson will remain the children’s temporary guardian until the August 3 hearing.

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Madonna Reaches Divorce Settlement

The epic battle between exes Madonna and Guy Ritchie is over before it even really began!

According to the BBC, Madge and Ritchie have reached a settlement, and “will be granted a preliminary divorce decree” at the High Court in London on Friday, which means that in six weeks and a day, their divorce will be made final and official.

The split between one of Hollywood’s super couples has been fairly benign, all things considered. Not too many nasty comments in the media, and, according to reports, a nice, amicable settlement where both parties involved get to keep their respective dosh.

Despite the fact that Ritchie was entitled – by law – to a portion of Madonna’s fortune, he will walk away from the marriage with only a meager amount of Madge’s estimated $500 million wealth.

“[Madonna] walked away without any of his money, much to her credit,” a friend said. “[Ritchie] has done the same.”

Likewise, the pair will share custody of their two children – Rocco, 8, and the adopted David, 3 – while Madonna’s daughter Lourdes (who’s not Ritchie’s biological child) will remain in America with her mother.

Another friend revealed: “[Ritchie] could have hugely boosted his bank balance and set himself up for life, but he already feels he has enough money.

“He also didn’t want the whole thing dragging on in the public gaze for months and months and, in any case, his priority was the children’s future.”

However, a source close to the couple insists this picture-perfect view of the settlement couldn’t be further from the truth, with Ritchie set to “clean up” once everything becomes final.

“[Guy's] going to get a huge windfall, contrary to what’s being reported,” the source said. “He’s getting a lot of money from the settlement. He’s not the gentleman he’s portraying himself as.”

And Madonna’s been flouncing around with A-Rod since before the divorce was announced in October, so I guess that means neither one of them is a gentleman…

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