DAVID HASSELHOFF - HASSELHOFF REACHES DIVORCE SETTLEMENT WITH BACH

Actor DAVID HASSELHOFF has finally settled his bitter divorce battle with ex-wife PAMELA BACH - almost two years after filing for legal separation. The former Baywatch star, 55, announced his marriage split from his wife of 16 years in January 2006. He was awarded full and physical custody of the former couple's two teenage children, Taylor-Ann, 17, and Hayley, 15, in June (07), but under the terms of their new agreement, Hasselhoff and Bach will share joint custody. According to TMZ.com, the pair reached a deal on their financial issues, including spousal and child support, on Friday (14Dec07), after a lengthy discussion on the division of assets. The details of their settlement have not been disclosed, but it is understood they will sell their home in Encino, California.