“Peace prevails” with Elisabeth Hasselbeck and Rosie O’Donnell, as O’Donnell confirmed to PEOPLE Thursday night that she has made up with her former foe – and even bought her a baby gift.

On her way into the premiere of The Little Mermaid on Broadway, O’Donnell said of Hasselbeck’s 2-month-old son Taylor Thomas: “He’s very, very cute. I saw him on TV, and I sent him a lovely gift, and [she and Hasselbeck] have been e-mailing each other. And peace prevails.”

Hasselbeck returned to The View this week, bringing the baby with her.

As for Rosie’s baby gifts, they were in proportion to the scale of the conflict between Hasselbeck and O’Donnell when both sparred on The View.

“I sent something for him and something for his big sister [Grace, 2],” said O’Donnell. “Because, as the mother of four, I know that when the newborn arrives, the most important thing is a sibling gift. For [Taylor], it was a lot of clothes, because babies spit up a lot. I go to Baby Gap. There is a standard newborn gift pack – as much as you can buy at the Gap without being arrested. And a learning gift, a soft shape sorter. And then for [Grace] who is older, I got a tea set that she loves.”

O’Donnell says that Hasselbeck herself has bounced back after giving birth – and they’ve stayed in touch. “We e-mail back and forth,” she said. “She seems good. She looks like she adopted, like she didn’t give birth. She looks perfectly fit and gorgeous already.”

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The View‘s Elisabeth Hasselbeck and her husband, Tim, an NFL quarterback, have welcomed their second child, a baby boy, ABC announced Saturday.

The child, who weighed 7 pounds, 15 ounces and arrived without complications, was born Friday in Arizona.

“We’re thrilled he arrived safely,” Tim said in a statement. “Both mom and son are happy and healthy.”

Elisabeth is expected to reveal the baby’s name when she calls in to The View Monday.

The couple’s daughter Grace is 2.

Here is Elisabeth showing off the first stages of her pregnancy. She looks beautiful, and I also love those shoes.