Saturday, November 26, 2011

Settlement in Hulk Hogan divorce case in Fla. (AP)

CLEARWATER, Fla. ? Court records show a financial settlement has been agreed upon between wrestler Terry Bollea ? better known as Hulk Hogan ? and his ex-wife.

The St. Petersburg Times (http://bit.ly/vGbAkV) reports Linda Bollea received a little more than 70 percent of the couple's liquid assets in their divorce settlement.

He agreed to give his ex-wife 40 percent ownership in his various companies and pay her an additional $3 million property settlement. Linda Bollea filed for divorce in 2009.

The settlement was confidential but came to light this week after it was attached to a new motion filed in court records.

The paper reports Linda Bollea received $7.44 million of the couple's $10.41 million that was held in bank and investment accounts. Terry Bollea will not pay his ex-wife alimony.

Source: http://us.rd.yahoo.com/dailynews/rss/movies/*http%3A//news.yahoo.com/s/ap/20111123/ap_en_mo/us_hulk_hogan_divorce

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