Spears and Federline reached divorce settlement
Los Angeles : Britney Spears' lawyer Laura Wasser has informed that the troubled singer and Kevin Federline have reached a settlement in their divorce.
A spokesperson for Federline's attorney, Mark Vincent Kaplan, released a statement which read: "After five hours and a four-way session with Kevin Federline, his lawyer Mark Vincent Kaplan and his partner, Jim Simon, along with Britney Spears and her attorney Laura Wasser, signed an agreement which was a global settlement on all issues of their marriage," reports www.hollywood.tv.
Sources say that Federline will walk away with around $1 million. As for their two kids, Spears and Federline will have joint custody, sharing physical custody 50-50. The divorce will be final, with a judge's signature, very soon.