Sen. Ted Stevens today conceded the election for U.S. Senate to Anchorage Mayor Mark Begich, bringing to an end his 40 years as the dominant force in Alaska politics.
Stevens' office issued a written statement just before noon Alaska time:
"Given the number of ballots that remain to be counted, it is apparent the election has been decided and Mayor Begich has been elected.
"My family and I wish to thank the thousands of Alaskans who stood by us and who supported my re-election. It was a tough fight that would not have been possible without the help of so many Alaskans - people who I am honored to call my friends. I will always remember their thoughts, prayers, and encouragement.
"I am proud of the campaign we ran and regret that the outcome was not what we had hoped for. I am deeply grateful to Alaskans for allowing me to serve them for 40 years in the U.S. Senate. It has been the greatest honor of my life to work with Alaskans of all political persuasions to make this state that we all love a better place.
"I wish Mayor Begich and his family well. My staff and I stand willing to help him prepare for his new position."
Begich claimed victory Tuesday afternoon after the latest count of absentee and questioned ballots widened his lead to 3,724 votes. With only around 2,500 ballots from overseas remaining to be counted, the lead was insurmountable barring a major flaw in the counting. Begich leads by just over 1 percent with more than 315,000 votes cast in the race.