"Today, I have withdrawn my candidacy for president of the United States. I hope that my country and my party have benefited from our having made this effort," Thompson said in a statement.
Thompson's fate was sealed last Saturday in the South Carolina primary, when he finished third in a state that he had said he needed to win.
In the statement, Thompson did not say whether he would endorse any of his former rivals. He was one of a handful of members of Congress who supported Arizona Sen. John McCain in 2000 in his unsuccessful race against George W. Bush for the party nomination.
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Fred Thompson
http://accesswdun.com/article/2008/1/206064