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Last updated on February 12, 2012 at 0:00 EST

Ueberroth Said to Drop Out of Recall Race

September 9, 2003
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Peter Ueberroth, the Republican business executive who built a career taking over troubled situations and turning them around, is reportedly dropping out of the California gubernatorial recall race.

Ueberroth canceled several radio interviews Tuesday morning and scheduled a 4 p.m. EDT news conference “to discuss the future of his campaign.” The Associated Press could not immediately confirm a report on CNN that Ueberroth would drop out.