Time Magazine political analyst Mark Halperin reports that a deal is near that would see Republican presidential hopeful and former New York Mayor Rudy Giuliani drop his bid and endorse rival Sen. John McCain.
The endorsement, if true, would follow an expected disappointing third place finish in Florida by Giuliani, who had staked his entire campaign on winning the Sunshine State.
Halperin, without further describing his sources, said an announcement could come as early as Wednesday in California where Republicans are due to debate that evening.
Giuliani spokeswoman Maria Comella declined to comment on the report and said the former mayor was traveling to California in the morning.
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