Former New York City Mayor Mike Bloomberg suspends campaign for president

Democratic presidential candidate former New York City Mayor Mike Bloomberg walks off stage after speaking during a rally, Tuesday, March 3, 2020, in West Palm Beach, Fla. (AP Photo/Lynne Sladky)
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WASHINGTON (Gray DC) -- Mike Bloomberg has suspended his presidential campaign and endorsed Joe Biden following Super Tuesday, his campaign announced in a statement Wednesday morning.

“Three months ago, I entered the race for President to defeat Donald Trump," the statement reads. "Today, I am leaving the race for the same reason: to defeat Donald Trump – because it is clear to me that staying in would make achieving that goal more difficult."

Bloomberg continues to say that after Super Tuesday, he believes former Vice President Joe Biden is the best candidate for the job.

Bloomberg entered the race later than many of his opponents and was not on the ballot in early primary states. The campaign spent about $5.1 million on advertising in Super Tuesday states instead, according to campaign media analysis group Kantar/CMAG.

The only primary Bloomberg won was American Samoa.

You can see Bloomberg's Facebook post below.

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