Could this be true? Valentine's day break up!

WORLD EXCLUSIVE: Tom Cruise & Katie Holmes - it's over!

Life & Style has learned exclusively that Tom Cruise and Katie Holmes have agreed to call off their wedding - and, ultimately, to split.

Multiple insiders confirmed the story to Life & Style, with one longtime friend of Tom's saying: "Their relationship is basically over." Another friend adds: "They both agreed that the marriage wouldn't work and they wanted to end it before they learned to hate each other."

The insiders say that Tom, 43, and Katie, 27, plan to keep up the charade of a romance until after their baby's birth this spring. In the meantime, the couple will live in his Beverly Hills home - though sleeping in separate bedrooms - through the summer. Then, presumably, they'll announce a separation - but Tom plans to buy Katie a home nearby so he can visit his child whenever he wishes.

"They'll share custody," says the friend, who claims the couple are drawing up a legal document to provide for Katie's and the baby's financial well-being for life. "Tom will set up Katie and the baby," adds the pal.

News brought to you by Life & Style and the reputable Jouvan Laali...

Comments

Anonymous said…
false alarm.. as was expected, Tom Cruise's publicist issued a denial of Life & Style's split cover faster than you can say "Tom Cruise is gay."

Says Cruise's rep, "It should be known that the story is 100% false. Despite the malicious fallacies put forth by Life & Style magazine, the couple is looking forward to a long and happy life together as a family. They are doing great, they are in great shape. They are still engaged and are moving forward with their wedding plans, as well as planning for the arrival of their child."

A representative for Life & Style, though, also issued a statement saying, "We stand 100 percent behind our story."
Anonymous said…
BUT I have juicy news:

In Touch is reporting that Jessica is indeed dating Adam Levine. They have denied it for weeks even after being caught with the morning after evidence. In Touch wrote:

After weeks of denials from both sides, In Touch has learned exclusively that Jessica Simpson and Maroon 5’s Adam Levine are dating! The news comes hot on the heels of Jessica’s soon-to-be-ex-husband Nick Lachey hooking up with former beauty queen Elizabeth Arnold.

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