Britney Spears and K-Fed reach divorce settlement

Britney Spears and Kevin Federline reached a settlement in their divorce Thursday, a spokesman for Federline’s attorney said.

After a five-hour meeting with their attorneys present, Spears and Federline signed “a global settlement on all issues of their marriage,” said Michael Sands, a spokesman for Federline’s attorney Mark Vincent Kaplan.

Sands declined to elaborate on terms of the settlement, saying only that it covers child custody and financial matters. [Source]

Hope that it will be the beginning of new life for Britney, this should offload some of her tension lately. Also hope that their kids will be well taken care of, regardless of whether Britney or Kevin is getting the custody rights.