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February 2, 2007
Federline Rejects Spears Divorce Settlement

Britney Spears’ notorious ex-husband, Kevin Federline, has reportedly turned down a divorce settlement worth $25 million.

There are contradictory reports as to the reason for the turndown. Some K-Fed backers are claiming that he refused to accept the offer because he feared it would translate into cutting ties with his sons - Jayden James and Sean Preston. Others believe that he is looking for a number closer to $50 million.

Meanwhile, Britney Spears and Kevin Federline will continue to share custody of their two young sons this month, following the terms of a January custody agreement, Federline’s attorney recently confirmed. That agreement has been temporarily extended for February, said publicist Michael Sands, speaking on behalf of Federline’s attorney Mark Vincent Kaplan.

Britney agreed last month to temporary joint custody of 1-year-old Sean Preston and almost 5-month-old Jayden James, with visits from Federline.

As with the terms of that agreement, Federline will continue to be allowed to visit the children at Britney’s pad from noon to 4 p.m. on Mondays, Wednesdays and Fridays. Seemingly, both Brit and K-Fed, who split in November last year, are now seeking sole custody of their children.

Unless, possibly, if Britney ups the offer to $50 million?
posted by viraks @ 5:08:00 AM  
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