From: www.reuters.com
November 04, 2009 15:19 Beijing Time
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Bloomberg defeated City Comptroller Bill Thompson, aDemocrat, according to NY1 television. With 91 percent of thevotes counted, Bloomberg was ahead 50 to 47 percent.

His margin was far smaller than expected, given polls thatshowed him as recently as Monday with a double-digit lead.

Bloomberg, described by Forbes as the richest man in NewYork with a $16 billion fortune, dramatically outspent hischallenger, laying out $13 for every $1 spent by Thompson.

Bloomberg has spent almost $90 million on his re-electionbid and is on track to spend an estimated $110 million to $140million overall. Thompson spent $7 million.

(Reporting and writing by Ellen Wulfhorst; Additionalreporting by Edith Honan; Editing by Philip Barbara)

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