Ethan Miller/Getty Images
The agency made the announcement on Twitter on Monday morning.
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.”
According to Trump's financial disclosure forms with the Federal Election Commission, The Miss Universe Organization has a value between $5 million and $25 million.
Earlier this year, NBCUniversal's NBC and Univision networks refused to air the Miss USA pageant after Trump made controversial statements about Mexican immigrants while he announced his presidential run. In a last-minute deal, the Reelz channel aired the pageant. There it drew 4 million fewer viewers than the year before when the pageant aired on NBC.
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