Entertainment Giant, AEG, Is On The Block

Anschutz Entertainment Group, the live events company owned by billionaire Philip Anschutz, is looking for a new owner according to a report published Tuesday night by the LA Times. According to the paper, the company which owns premier assets such as the Staples Center, Rose Garden, Home Depot Center, Los Angeles Kings hockey team and Los Angeles Galaxy pro soccer team, could spark a potential billion-dollar bidding war. AEG is the nation's largest sports team owner and the world's second-largest concert promoter.

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