Giuliani to Exit Presidential Race Today

ORLANDO, Fla. (AP) - Following his third place finish in Florida, former New York mayor Rudy Giuliani is expected to drop out of the presidential race today and endorse Sen. John McCain.

Last night, Giuliani stopped short of announcing he was stepping down, but delivered a valedictory speech that was more farewell than fight-on.

The former mayor finished a distant third to the winner, McCain, and close second-place finisher Mitt Romney. Republican officials said Giuliani would endorse McCain on Wednesday in California. The officials spoke on condition of anonymity in advance of the public announcement.