Britney Spears Sells Up

Britney Spears has sold the Malibu, California home she shared with ex-husband Kevin Federline.
The singer has sold the seven-bedroom property to an anonymous buyer for $12 million. Britney Spears put the mansion on the market last November 2006 for $13.5 million, but cut the price in March 2007.
The pop superstar's other California mansion, a six-bedroom house in Beverly Hills, remains on the market for just under $7.5 million, according to Life + Style magazine. As she attempts to sell the second home, Spears has reportedly moved herself, her two sons and her entourage into the Four Seasons Hotel in Beverly Hills.
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