Indendent Boyd drops independent bid for governor

ATLANTA - Millionaire Ray Boyd has announced that he is giving up his longshot bid to run for Georgia governor as an independent.

Boyd burst on the political scene in April when he announced he would run for governor as a Republican with the help of $2 million of his own cash.

But after refusing to sign a GOP loyalty oath, state party leaders refused to put him on their primary ballot and he launched an independent bid.

Boyd has issued an e-mail announcement saying his quest has proven too much of a challenge. He had begun collecting nearly 50,000 signatures needed to get on the November ballot.