Report: Charlie Sheen to get $25M settlement

LOS ANGELES - Former "Two and a Half Men" star Charlie Sheen and the studio that fired him are drawing closer to a deal to end their legal dispute.

According to a person familiar with the talks, Sheen and Warner Bros. were nearer an agreement but still at work on it Monday. The person, who was not authorized to comment publicly, spoke on condition of anonymity.

Calls to Sheen's attorney were not returned. In a statement, the studio said no deal had been reached and declined further comment.

Sheen filed a $100 million lawsuit for wrongful termination against Warner Bros. after his firing. A judge ordered arbitration.

The Los Angeles Times reports that final touches are being put on a deal that would give Sheen about $25 million to settle out of his contract, writing that "the figure represents Sheen's participation in profits from the show."