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Paris Hilton & Lindsay Lohan Reconcile

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May 10 2011, Published 6:43 a.m. ET

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By Jen Heger

RadarOnline.com Legal Editor

Paris Hilton and Lindsay Lohan have officially buried the hatchet, RadarOnline.com has exclusively learned.

The hotel heiress made a joke about Lindsay on her upcoming reality show, The World According To Paris.  In the preview clip, Paris gave a homeless woman a pair of earrings, and the woman thought Paris was Lindsay. Paris told the lady, "If I were Lindsay, I'd be stealing the earrings, and not giving them away."

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Hilty issued a public apology last week to Lilo, and a source close to the situation tells RadarOnline.com exclusively, "Paris felt terrible about what she said about Lindsay. She meant it as a harmless joke. Paris conveyed to Lindsay that she was genuinely sorry, and she didn't mean to hurt her in any way.

"Lindsay was very receptive to Paris' apology. Lindsay felt that Paris was truly being genuine and sincere. The girls have known each other a long time. Lindsay wants to have lunch with Paris and hang out with her," the insider tells us. "All is good now between the girls."

Paris Hilton's reality much anticipated show, "The World According To Paris," premieres on Oxygen on June 1st at 10pm

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