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Red Lion to Purchase Denver Radisson

Red Lion Hotels Corporation plans to acquire the Radisson Hotel Denver Southeast, located outside Denver in Aurora, Colo., for $25.3 million.

The deal is expected to close in mid-2008. The property will be rebranded as a Red Lion hotel upon closing.

Plans are in the works for an $8 million renovation to the hotel’s guest rooms and public spaces.

The 478-room hotel offers 25,000 square feet of meeting space.