It's a short Diary since it just broke on the wire.
Via CNN
Charleston, South Carolina (CNN) - Rick Perry is telling supporters that he will drop his bid for the Republican presidential nomination on Thursday, two sources familiar with the plans told CNN.
More to follow
6:19 AM PT: Chuck Todd just said on the air that NBC learns more on Perry Campaign he will bring it Live
6:22 AM PT: Politico is reporting the same as well
POLITICO 2012 @POLITICO2012 2m Reply Retweet Favorite · Open
Rick Perry is expected to drop out at an 11am press conference and endorse Gingrich, @maggiepolitico reports politi.co/zUHgJT
6:26 AM PT: According to Calidad, per Politico, Rick Perry is supposed to endorse Newt Gingrich at a presser at 11am
6:30 AM PT: Chuck Todd just reported that Perry will hold an event at 11am in Charleston, SC
6:32 AM PT: Chuck Todd is talking with NBC reporter embedded with the Perry Campaign. She is confirming that he will drop out at his event in Charleston at 11am.
6:44 AM PT: Via Mark Halperin
Mark Halperin @Markhalperin 2m Reply Retweet Favorite · Open
Perry and Gingrich met secretly on Wednesday to discuss Perry's leaving the race . More tk.
6:47 AM PT:
Mark Halperin @Markhalperin 39s Reply Retweet Favorite · Open
What if Perry gets his Texas money network to give to Newt -- and Newt's Super PAC? That would be a bigger deal than his endorsement.