Trump unloads Miss Universe on heels of buying NBC’s share

NEW YORK (AP) -- The talent management company WME/IMG says it has acquired The Miss Universe Organization from Donald Trump.

Monday's announcement comes on the heels of Trump's announcement last week that he bought out NBCUniversal's interest in the property, which includes the Miss Universe, Miss USA and Miss Teen USA pageants.

NBCUniversal's sale to the developer and GOP presidential front-runner completed a divorce that began in June when NBC said it was ending its business relationship with Trump, with whom it had been partnered in the pageant joint venture and who starred on the network's "The Celebrity Apprentice." The network decided to sever ties with Trump after comments he made about Mexican immigrants and other inflammatory remarks during his presidential campaign kickoff speech.

No dollar figure was disclosed for WME/IMG's purchase of the organization.

© 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.