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by Michael J. Shapiro | September 26, 2012

More than 85 percent of Gaylord Entertainment shareholders voted Tuesday to approve the company's reorganization plan, according to news reports. The plan calls for the conversion of Gaylord to a real estate investment trust, and for the sale of the brand name and management rights to Marriott International. Gaylord will be renamed Ryman Hospitality Properties Inc. and begin trading under the new ticker symbol, RHP, on Monday, according to the report. The approval came despite objections from GAMCO Investors, one of Gaylord's largest shareholders, which announced last week it would vote against the plan.