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Eugene

(61,872 posts)
Wed Sep 16, 2015, 04:47 PM Sep 2015

Donald Trump just sold off the entire Miss Universe Organization after buying it 3 days ago

Source: Business Insider

Donald Trump just sold off the entire Miss Universe Organization after buying it 3 days ago

Jethro Nededog

Sep. 14, 2015, 11:04 AM

Donald Trump has just sold the Miss Universe Organization, which includes the Miss USA and Miss Teen USA pageant groups, to the agency WME/IMG.

The agency made the announcement on Twitter on Monday morning.

"Having worked closely with The Miss Universe Organization in the past, we understand the incredible potential of the events and the star-quality of the participants," WME/IMG chief content officer Mark Shapiro said in a press release. "The global reach of The Miss Universe Organization and the content opportunities presented by the pageants make this a strong, strategic addition to our portfolio."

Trump issued the following statement:

"I have truly enjoyed owning the Miss Universe, Miss USA, and Miss Teen USA pageants. When I purchased the pageants many years ago, they were in serious trouble. It has been a great honor making them so successful … The pageants are now in the hands of a great company that will shepherd them to even greater levels of success.”

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Read more: http://www.businessinsider.com/donald-trump-sells-miss-universe-img-2015-9
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