Report: Cain to endorse Gingrich

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Former Republican presidential candidate Herman Cain may be out of the race, but his 15 minutes of fame are not over yet.

Fox 5 Atlanta reported Sunday that the former Godfather’s Pizza CEO is prepared to endorse Newt Gingrich on Monday.

Gingrich is planning to hold a news conference Monday at 2 p.m. ET following a meeting with business mogul Donald Trump. It wasn’t clear if the endorsement would happen at that time.

In a speech Saturday announcing he was dropping out of the race, Cain said he had spoken to several of the candidates and would endorse in the near future.

The endorsement — if it happens — will not come as a surprise because the two men have a fondness for each other, and even participated in a Lincoln-Douglas style debate together.

Gingrich released a statement praising Cain Saturday, saying he had “elevated the dialogue.”

“I am proud to know Herman Cain and consider him a friend,” Gingrich said. “I know from having worked with him for more than a decade he will continue to be a powerful voice in the conservative movement for years to come.”

Watch this video from Fox 5 Atlanta, broadcast Dec. 4, 2011.

Source: Herman Cain to Endorse Newt Gingrich Monday: MyFoxATLANTA.com