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December 5, 2017

Bidder backs out of plans for ferry hotel

JUNEAU, Alaska (AP) — The bidder who planned to purchase Alaska's ferry Taku and turn it into a waterfront hotel and restaurant in Oregon has backed out of the deal.

The sale of the 352-foot surplus vessel was expected to close in early December. But the winning bidder withdrew, citing factors such as regulatory problems in Portland, said Aurah Landau, a spokeswoman for the Alaska Department of Transportation and Facilities.


 
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