Abstract
In 1969, P. Deligne and D. Mumford compactified the moduli space of curves. Their compactification is a projective algebraic variety, and as such, it has an underlying analytic structure. Alternatively, the quotient of the augmented Teichmueller space by the action of the mapping class group gives a compactification of the moduli space. We put an analytic structure on this compact quotient and prove that with respect to this structure, it is canonically isomorphic (as an analytic space) to the Deligne-Mumford compactification.
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