CHICAGO — The International Olympic Committee in its first round of voting Friday dashed Chicago’s $48 million push to host the 2016 Summer Games, an effort championed by Mayor Richard Daley as a means to highlight Chicago as a world-class city while spurring job creation and economic development across the region.

When the final round of voting was completed in Copenhagen on Friday, Rio de Janiero’s $14.4 billion bid emerged as the victor over Chicago’s $4.8 billion plan and ones submitted by the other finalists Tokyo and Madrid.

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