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Comment (NEW YORK (Reuters) - New York Mayor Michael Bloomberg, who engineered a change in the city's term-limits law so he could run again and set a campaign financing record, narrowly won a third term on Tuesday, local media declared.
Bloomberg, who ran as an independent, defeated City Comptroller Bill Thompson, a Democrat, according to The New York Times, the Daily News and NY1 television.
With 99 percent of the votes counted, Bloomberg was ahead 51 to 46 percent.
His margin was far smaller than expected, given polls that showed him as recently as Monday with a double-digit lead and expectations of a large, lopsided victory.
Bloomberg spent more of his own money in pursuit of public office than any other individual in U.S. history, and he vastly outspent his challenger, laying out $13 for every $1 spent by Thompson.
Described by Forbes magazine as the richest man in New York, with a $16 billion fortune, he has spe...
