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Former Sen. Fred Thompson on Tuesday ended his run for the presidency, coming off the heels of a disappointing third-place finish in South Carolina's GOP primary and heading into the showdown state of Florida next week.
Short of cash and sinking in national polls, Thompson had staked his hopes on South Carolina, where a strong showing could have reinvigorated his flagging campaign.
From Rasmussen Markets: McCain is currently given a 49.5% chance to win in Florida while Giuliani is seen at 15%.