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“I am very optimistic,” Douglas said in a statement.

Douglas will under go eight weeks of radiation and chemotherapy and is expected to make a full recovery.

We last saw Douglas’ accompanying his gem of a wife, Catherine Zeta-Jones, to the Tony Awards and at the American Film Institute (AFI) salute to Mike Nichols at Sony Pictures Studio in LA, as seen in our gallery.

We wish Michael Douglas a speedy recovery… so he can join the Wall Street 2 promotions along with GQ man Shia LaBeouf and his lovely lady, the nervous Carey Mulligan.