Mitt Romney will not seek the Republican nomination for president in 2016, according to people familiar with his decision.
Mr. Romney, the former Massachusetts governor, was expected to share his decision on a conference call with a small group of advisers and later with a larger group of supporters on a subsequent call.
By not pursuing a third White House bid, Mr. Romney frees up scores of donors and operatives who had been awaiting his decision, and creates space for other potential center-right candidates such as Jeb Bush.