Wow, I'm surprised this didn't drag out and get uglier.  Good for them!  I'm also still surprised that Tom Cruise and Katie Holmes broke up, because they really seemed to be in the family groove (at least according to pictures and interviews).  I hope neither parent tries to pit Suri against the other...or at least try to make her feel bad for relating to the other parent.  It's very tough on a child when that happens.  (I know.)

The good that comes out of their separation...No more TOMKAT!  I always hated that moniker. Kiss

-Laura

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Here is the carefully worded Tom & Katie divorce settlement statement released by a publicist:

"We are committed to working together as parents to accomplishing what is in our daughter Suri's best interests," the statement said. "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."

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(Courtesy of TMZ)

Tom Cruise and Katie Holmes have SETTLED their divorce ... this according to Katie's lawyer.

Jonathan Wolfe tells TMZ, "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."

TMZ reported in the last few days lawyers for both sides were in a marathon negotiation -- trying to end what began as a divorce war.

As we reported, one condition Tom had for settling was "meaningful, significant" contact with Suri.

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