Trump, Univision Settle $500M Lawsuit

(Reuter) -- Republican U.S. presidential candidate Donald Trump said on Thursday he has settled a $500 million lawsuit against Spanish-language television network Univision over its decision not to broadcast the Miss USA and Miss Universe pageants.

The settlement resolved a lawsuit filed in June after Univision said it would not air the Miss USA pageant, an event Trump then half-owned, due to what the network called insulting remarks made by Trump about Mexican immigrants.

Terms of settlement were not disclosed. The announcement came two days after Trump won the New Hampshire primary, in a big boost to his status as front-runner in the race to be the Republican nominee in November's U.S. presidential election.