he stated something to the effect of the "The Democratic Party had been revitalized" and Perot didn't want the House of Representatives to decide the election in a three way race.
http://en.wikipedia.org/wiki/United_States_presidential_election,_1992
After Bill Clinton secured the Democratic Party's nomination in the spring of 1992, polls showed Ross Perot leading the race, followed by President Bush and Clinton in third place after a grueling nomination process. Two way trial heats between Bush and Clinton in early 1992 showed Bush in the lead, however.[7][8][9][10] But as the economy continued to grow sour and the President's approval rating continued to slide, the Democrats began to rally around their nominee.
On July 9, 1992, Clinton chose Tennessee Senator and former 1988 Presidential candidate Al Gore to be his running mate.[11] As Governor Clinton's nomination acceptance speech approached, Ross Perot dropped out of the race, convinced that staying in the race with a "revitalized Democratic Party" would cause the race to be decided by the United States House of Representatives.[12] Clinton gave his acceptance speech on July 17, 1992, promising to bring a "new covenant" to America, and to work to heal the gap that had developed between the rich and the poor during the Reagan/Bush years. The Clinton campaign received the biggest convention "bounce" in history[13] which brought him from 25 percent in the spring, behind Bush and Perot, to 55 percent versus Bush's 31 percent.
No doubt there were other factors in Perot's decision making but I'm convinced Clinton's choice of Gore as his running mate was definitely among them.
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