Kelsey and Camille Grammer's divorce, one of the most expensive and scandalous splits in Hollywood history, will be finalized Thursday, Breaking Celebrity News has learned.

The Frasier star, 55, and the Real Housewives Of Beverly Hills star, 42, announced their divorce plans on July 1, 2010, after 14 years of marriage that produced two kids, Mason and Jude.

In the meantime, Kelsey can't hurry back down the altar quick enough, as he's engaged to 29-year-old flight attendant Kayte Walsh, who will become his fourth wife when they marry in New York City on February 25.