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US elections 2020

Bloomberg drops out of presidential race and endorses Biden

Billionaire spent millions but was crushed on Super Tuesday

NEW YORK (AP) -- Billionaire Mike Bloomberg ended his bid for the Democratic presidential nomination on Wednesday and endorsed former Vice President Joe Biden. It was a stunning collapse for the former New York City mayor, who had his 2020 hopes on the Super Tuesday states and pumped more than $500 million of his own fortune into the campaign.

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