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Fundraising spares Hollywood sign from sprawl

LOS ANGELES — The Hollywood sign, a beacon to stars and star-struck alike, has been saved from urban sprawl under a land conservation pact announced Monday after a donation by Playboy founder Hugh Hefner capped a multimillion-dollar fundraising drive. The huge sign overlooking the city was in danger of having its distinctive setting on the flanks of the Santa Monica Mountains crowded by construction of estate homes on nearby Cahuenga Peak.

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