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Nick Cannon, TeenNick Chairman, and his wife, Grammy Award-...

Source: Stephen J. Boitano / Getty

Nick Cannon and Mariah Carey have finally reached a settlement in their divorce.  It was a fairly civil dissolution.  Nick and Mariah will share custody of their twins, Moroccan and Monroe .  Nick has also agreed to deposit $5000 in a trust monthly for the kids.  Also, Mariah is responsible for Nick’s travel and lodging expenses when he visits the kids. See…fairly simple right!!  To read the full story, click here.