Lodgian buyout

ATLANTA -- Lodgian bought out the 49% stake of partner Smith Management in six hotels for $10.2 million.

Lodgian owns or manages more than 130 hotels in North America.

The hotels are Holiday Inns in Fort Wayne, Ind., Cleveland, and Augusta, Ga.; a Hilton in Sioux City, Iowa, and Crowne Plazas in Worcester, Mass., and Saginaw, Mich.

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