Sources: Bloomberg taking steps toward independent bid

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NEW YORK (AP) – Former New York Mayor Michael Bloomberg is taking some early steps toward launching a potential independent campaign for president.

NEW YORK, NY - DECEMBER 17:  Former New York City Mayor, Michael Bloomberg attends the opening of the Mica and Ahmet Ertegun Atrium at Jazz at Lincoln Center on December 17, 2015 in New York City.  (Photo by Mike Coppola/Getty Images for Jazz at Lincoln Center)

NEW YORK, NY – DECEMBER 17: Former New York City Mayor, Michael Bloomberg attends the opening of the Mica and Ahmet Ertegun Atrium at Jazz at Lincoln Center on December 17, 2015 in New York City. (Photo by Mike Coppola/Getty Images for Jazz at Lincoln Center)

That’s according to three people familiar with the billionaire media executive’s plans. They spoke on condition of anonymity because they weren’t authorized to speak publicly for Bloomberg.

They say Bloomberg would strongly consider running if the general election looked like it would be a contest between Democrat Bernie Sanders and Republican Donald Trump or Ted Cruz.

According to those sources, Bloomberg has set a March deadline to make a decision, and that he hasn’t ruled out a bid even if Hillary Clinton is ahead in the Democratic race at that time.

Bloomberg’s plan were first reported Saturday by The New York Times.

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