Abstract We present new observations of the late-stage merger galaxy NGC 7727, including Hubble Space Telescope/WFPC2 images and long-slit spectra obtained with the Clay telescope. NGC 7727 is relatively luminous ( = −21.7) and features two unequal tidal tails, various bluish arcs and star clusters, and two bright nuclei 480 pc apart in projection. These two nuclei have nearly identical redshifts, yet are strikingly different. The primary nucleus, hereafter Nucleus 1, fits smoothly into the central luminosity profile of the galaxy and appears—at various wavelengths—“red and dead.” In contrast, Nucleus 2 is very compact, has a tidal radius of 103 pc, and exhibits three signs of recent activity: a post-starburst spectrum, an [O iii] emission line, and a central X-ray point source. Its emission-line ratios place it among Seyfert nuclei. A comparison of Nucleus 2 ( = −15.5) with ultracompact dwarf galaxies (UCDs) suggests that it may be the best case yet for a massive UCD having formed through tidal stripping of a gas-rich disk galaxy. Evidence for this comes from its extended star formation history, long blue tidal stream, and elevated dynamical-to-stellar-mass ratio. While the majority of its stars formed ago, ∼1/3 formed during starbursts in the past 2 Gyr. Its weak active galactic nucleus activity is likely driven by a black hole of mass . We estimate that the former companion’s initial mass was less than half that of then NGC 7727, implying a minor merger. By now this former companion has been largely shredded, leaving behind Nucleus 2 as a freshly minted UCD that probably moves on a highly eccentric orbit.
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