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BOSTON-Irving, TX-based FelCor Loding Trust Inc. is purchasing the fee-simple interest of the Fairmont Copley Plaza hotel for $98.5 million. Fairmont Hotels & Resorts is selling, but staying on as management for the hotel under a 20-year management agreement it signed when it originally purchased the property. At the time, Fairmont paid $3 million to the previous owner for the long-term assignment.

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