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Watch: ‘Stephen Colbert’ Bids Farewell to Bill O’Reilly — ‘Stay Strong, Papa Bear’

On Wednesday’s broadcast of CBS’s “The Late Show,” host Stephen Colbert revived the character “Stephen Colbert” from his Comedy Central show “The Colbert Report” to say goodbye to former Fox News Channel host Bill O’Reilly. Colbert’s character on his Comedy Central show was based on O’Reilly, who parted ways with Fox News amid allegations of…