Univision and Donald Trump buried the hatchet Thursday and agreed to settle the billionaire businessman and GOP presidential candidate’s lawsuit after the Spanish-language network refused to carry his Miss Universe pageant.
Terms of the settlement are secret, Univision said.
The network dropped the pageant last year after Mr. Trump began his presidential bid with a broadside against illegal immigration and a criticism of Mexico for sending rapists and other bad elements to the U.S.
Mr. Trump then sued for breach of contract, asking to be awarded $500 million.
Univision argued that Mr. Trump’s comments on illegal immigrants tarnished him and his media empire, thus ruining the value of the Miss Universe pageant for Latino audiences and voiding the contract.