“Today, the entertainment division of Univision Communications Inc. announced that it is ending the Company’s business relationship with the Miss Universe Organization, which is part-owned by Donald J. Trump, based on his recent, insulting remarks about Mexican immigrants,” the company said in a statement.

“At Univision, we see first-hand the work ethic, love for family, strong religious values and the important role Mexican immigrants and Mexican-Americans have had and will continue to have in building the future of our country,” it continued.

On Thursday, Trump announced his intention to sue Univision for breach of contract and defamation.

“We intend to pursue all legal rights and remedies available to Mr. Trump pursuant to the terms of the license agreement as well as a defamation case against Univision,” said Michael Cohen, Trump’s executive vice president and special counsel, according to Politico. “I am at this moment finalizing the retainer agreement with outside counsel.”

During the speech, Trump implied that Mexican immigrants are bringing drugs and crime into the U.S. and also discussed plans to build a wall on the border with the country, if elected.

Unsurprisingly, Trump took to Twitter to bash the decision. “Univision wants to back out of signed @MissUniverse contract because I exposed the terrible trade deals that the U.S. makes with Mexico,” he wrote.

Univision said it will continue to cover Trump’s presidential run on Univision News and local news stations “to ensure our audience continues to have access to all points of view.”

Fortune recently spoke with nearly all the winners of Trump’s reality television show The Apprentice about his leadership qualities.