Update on Canterbury sale

April 17, 2007
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Has anyone heard who might be interested in buying the Canterbury Hotel? IBJ reported this week that the owners of the 99-room property are negotiating to sell. You can read our story here. Sources are telling Property Lines that businessman Fred Klipsch may be part of a team interested in buying the property. But Klipsch would not confirm whether that is true, and the hotel’s controlling partner, Donald Fortunato, said today he is not talking to Klipsch.
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