Donald Trump has announced he now fully owns the Miss Universe Organization.
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"Just purchased NBC's half of The Miss Universe Organization and settled all lawsuits against them," Trump, 69, tweeted on Friday. "Now own 100% -- stay tuned!"
In the speech Trump delivered to kick off his 2016 presidential campaign in July, he characterized many undocumented Mexican immigrants who enter the United States as druglords, criminals and rapists. His harsh remarks prompted many people and companies to distance themselves from him and any brands tied to his name.
Univision -- a Spanish-language subsidiary of NBC -- also dropped the Miss USA pageant from its airing schedule. Trump had filed a $500 million lawsuit against Univision in June as a result.
Miss USA eventually took place as planned in Baton Rouge, Louisiana, in July, but the beauty contest aired on the Reelz network instead of NBC and Univision.
NBC is currently looking for a new celebrity to replace Trump as the host and star of The Celebrity Apprentice, which will return for the 2016-2017 season.
About The Author: Elizabeth Kwiatkowski
