Skadden, Gibson Aid Felcor In $115M Knickerbocker Hotel Buy

By Natalie Rodriguez (February 1, 2012, 3:21 PM EST) -- FelCor Lodging Trust Inc. has acquired a 95 percent stake in Manhattan's Knickerbocker Hotel for $115 million from an affiliate of management company Highgate Holdings LLC in its latest efforts to rejigger its hotel portfolio, the real estate investment trust announced Wednesday....

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