No and no. There is nothing to indicate or even imply that the Magog Cartel is over. The only thing that really ended was Vykker's Labs. The Magog Cartel will (probably) be going strong till the end of the Quintology.
As for providing closure, it did that in the sense that Munch freed the Fuzzles and saved his eggs, so yes. It provided to closure for that particular story.
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