Bobby Flay and Stephanie March Reach an Amicable Divorce Settlement

Bobby Flay and Stephanie March finally come to an agreement.

Looks like we're finally seeing an end to celebrity chef Bobby Flay and actress Stephanie March's divorce drama.

News broke in April that Flay and March were separating after a decade of marriage, and the divorce has been far from friendly. But on Friday, the 50-year-old chef's rep told ET that the two have now come to an amicable divorce settlement.

"We have come to an amicable divorce settlement. We look forward to putting this difficult time behind us and we ask that you respect our privacy as we move forward," Flay's rep said in a statement.

WATCH: Someone Flew a 'Cheater' Banner Over Bobby Flay's Walk of Fame Ceremony

According to reports, March, 40, has accused Flay of cheating on her with three women, including Mad Men star January Jones. In June, a banner reading "cheater" flew overhead during Flay's speech while receiving a star on the Hollywood Walk of Fame, though March's lawyer told ET that her client was "absolutely not behind" the banner.

"It's very hard to prove and win a cheating case because you need the evidence," entertainment attorney Richard Roth explained to ET in June, when he commented on the case.

He also said that March could potentially get a huge payout despite any pre-nuptial agreement.

"If in fact [March] can deem that pre-nuptial agreement to be null and void, then she would get what's allowed for under the law. If he's allegedly worth $20 million and that was earned during the marriage, she goes from $5,000 a month and $1 million to a $10 million payout."

WATCH: How Stephanie March Could Get a Huge Payout in Bobby Flay Split

March is Flay's third wife. He was previously married to former co-host of Robin Leach Talking Food, Kate Connelly, as well as chef Debra Ponzek, before marrying the former Law & Order: SVU actress in February 2005.

Latest News