While @nhahtdh's answer is correct for your original question, this solution is the answer to your comments:
sed ' //,// { 1 { s/^.*$/Replace Data/ b } d } '
You can read it like this:
/<!-- PAGE TAG -->/,/<!-- PAGE TAG -->/ → for lines between these regular expressions
1 { → for the first line of correspondence
s/^.*$/Replace Data/ → find something and replace it with Replace Data
b → from branch to end (behaves like a gap in this case)
d → otherwise delete the line
You can make any series of sed commands single-line using gnu sed by adding semicolons after each command (but not recommended if you want to read it later):
sed '//,// { 1 { s/^.*$/Replace Data/; b; }; d; };'
As a note, you should try to be as specific as possible in your publication. "replaced / deleted" means "replaced OR deleted." If you want it to be replaced, just say that it is replaced. This helps both those of us trying to answer your question and future users who may be experiencing the same problem.
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