Republican Mitt Romney conceded defeat in the presidential contest early Wednesday, saying the nation had chosen Barack Obama to remain president for another term and that it was time for the nation

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Republican Mitt Romney conceded defeat in the presidential contest early Wednesday, saying the nation had chosen Barack Obama to remain president for another term and that it was time for the nation to unite behind him.

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WPVI – Philadelphia
Wed, Nov 7, 2012 1:50 AM EST