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Michael Bloomberg Ends Presidential Bid, Endorses Joe Biden

  • Former New York mayor had bet candidacy on Super Tuesday wins
  • Bloomberg spent more than $687 million on quest for presidency
Bloomberg business news
Bloomberg Suspends Presidential Campaign, Endorses Biden in 2020 Race
Updated on

Michael Bloomberg endorsed Joe Biden for the Democratic nomination as he ended his presidential campaign on Wednesday and pledged to continue working to defeat President Donald Trump.

Bloomberg said in a New York speech that after the results of the Super Tuesday voting, he no longer had a viable path to the nomination and didn’t want to hurt the party’s chances.