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Donald Trump unloads Miss Universe

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Talent management company WME/IMG acquired The Miss Universe Organization from Donald Trump. Terms of the deal were undisclosed.

The news comes after Trump last week announced he bought out NBCUniversal's interest in the property, including the Miss Universe, Miss USA and Miss Teen USA pageants.

In June, NBCUniversal severed ties with Trump over comments he made about Mexican immigrants and other inflammatory remarks during his presidential campaign kickoff speech.

Read more from The Associated Press.

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