Tom Cruise and Katie Holmes are set to host a $200,000 party to celebrate the birth of
Jennifer Lopez's twins. Tom and Katie are good friends with J.Lo and Marc Anthony and have arranged a "Welcome to the World" bash for the couple's newborn boy and girl.
A source said, "Tom and Katie are thrilled for Jennifer and Marc and have offered to throw a party for the twins next month." The party at Tom and Katie's L.A. home will have a pink and blue theme and guests expected to attend include John Travolta, Eva Longoria Parker and David and Victoria Beckham.