In case you missed it live, Rick Perry suspends his campaign for the White House and endorses Newt Gingrich.

Listen to the announcement here.

Multiple Reports — Rick Perry Out

Update: Mary Hager of CBS News has now confirmed that Perry will drop out.

CNN, The New York Times and Politico all report that Rick Perry will announce that he is dropping out of the campaign at 11:00a ET at an event in North Charleston, SC.