According to Dirac, theoretically, each Magnetic Monopole (North mm) is connected with their counter partner in space, the Magnetic Antimonopole (South mm) via an infinite thin and possible long undetectable string called the Dirac String. By this Dirac actually acknowledges the dipole nature of magnetism even concerning magnetic monopoles which is essential for the Dirac magnetic monopoles to be compatible with Maxwell Theory.
I am wondering what the existing theory predicts of what would happen, if a monopole and antimonopole pair, a large distance apart, and that is "apparently" due to the Dirac string (i.e infinitely thin), isolated from each other, would come close together and collide?
Will these two join forming an elementary magnetic dipole or else called the Quantum Magnet? Or merge forming something different for example a particle, and what particle is this predicted to be?
Please notice also that the term Quantum Magnet refers to the electron.