updated 11/08/2012 AT 2:00 PM ET
•originally published 11/08/2012 AT 2:25 PM ET
There’s apparently light at the end of the tunnel for Adrienne Maloof and Dr. Paul Nassif.
What started out as one of the nastier Hollywood divorces has ended fairly peacefully.
“We’re happy to announce we have reached agreement on a settlement that we are both very pleased with,” the Real Housewives of Beverly Hills stars both tell PEOPLE in a statement.
“Divorce is a painful process under any circumstance and certainly more painful under the constant glare of the media spotlight. There has been so much untrue negative innuendo and destructive rumors beyond our control the past few months.”