Morgan Stanley
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Clinton ending candidacy, supporting Obama

By Beth Fouhy
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Posted 05 June 2008 @ 03:34 pm GMT

Her path to the nomination inevitable no more, Hillary Rodham Clinton plans to announce she is ending her groundbreaking candidacy and supporting Barack Obama, her rival in a presidential quest for the ages.

Sen. Hillary Rodham Clinton, D-N.Y., speaks with Sen. Barack Obama, D-Ill., right, during the annual convention of the National Association for the Advancement of Colored People in Washington, prior to their race for the Democratic presidential nomination
In this July 19, 2006, file photo Sen. Hillary Rodham Clinton, D-N.Y., speaks with Sen. Barack Obama, D-Ill., right, during the annual convention of the National Association for the Advancement of Colored People in Washington, prior to their race for...

Clinton prepared to declare Saturday that she is backing the Illinois senator after Democratic congressional colleagues made clear they had no stomach for a protracted intraparty battle once Obama secured the 2,118 delegates necessary to clinch the nomination.

A presidential contender who announced 17 months ago that she was "in it to win it," the former first lady plans to end her quest with a more humble plea for party unity.

In truth, she had little choice.

Hours after Obama sealed the nomination, Democrats coalesced around his candidacy, sending a strong signal to Clinton that it was time to bow out. The New York senator told House Democrats during a private conference call Wednesday that she would express support for Obama's candidacy and congratulate him for gathering the necessary delegates to be the party's nominee.

"Senator Clinton will be hosting an event in Washington, D.C., to thank her supporters and express her support for Senator Obama and party unity. This event will be held on Saturday to accommodate more of Senator Clinton's supporters who want to attend," her communications director, Howard Wolfson, said.

Also in the speech, Clinton will urge once-warring Democrats to focus on the general election and defeating Republican presidential candidate John McCain.

The only degree of uncertainty was how. Clinton is exploring options to retain her delegates and promote her issues, including a signature call for universal health care.

The announcement closed an epic five-month nominating battle pitting the first serious female candidate against the most viable black contender ever.

Obama on Tuesday night secured the delegates needed to clinch the Democratic nomination. But Clinton stopped short of acknowledging that milestone, defiantly insisting she was better positioned to defeat McCain in November.

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