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New York City Mayor Bloomberg wins third term

Quick ReadBloomberg's relentless, $100 M re-election campaign paid off in a narrow victory over his Democratic challenger.

New York City Mayor Michael Bloomberg celebrates his

Photo credit: Getty Images | New York City Mayor Michael Bloomberg celebrates his victory for a third term as mayor of New York City. Bloomberg won reelection in an unexpectedly tight race, after the tycoon spent a record amount of his own fortune on the campaign. (November 3, 2009)

Mayor Michael R. Bloomberg, who ran a relentless re-election campaign buttressed by nearly $100 million of his own money, won a third term last night in a race against Democratic challenger and city Comptroller William C. Thompson Jr.

>>Photos: New York City Mayoral Election

The final result, however, was surprisingly closer than many expected. With 93 percent of precincts reporting,...

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