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Thread: Anschutz Considering Selling AEG?!?

  1. September 18th, 2012, 05:45 PM #1
    USCKingsFan31
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    Default Anschutz Considering Selling AEG?!?

    Why is this not blowing up LGK?

    Report: Anschutz considers sale of AEG « LA Kings Insider

    David Pagnotta ‏@TheFourthPeriod
    As per @DennisTFP, we have received direct confirmation that the Anschutz Corporation is selling AEG, which owns the LA Kings. More to come
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  2. September 18th, 2012, 05:53 PM #2
    ilovela
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    Bill Shaikin ‏@BillShaikin
    AEG officially for sale, per announcement.

    Bill Shaikin ‏@BillShaikin
    Anschutz hires Blackstone to sell AEG. Blackstone represented McCourt in record $2.15 billion sale of #Dodgers.

    Bill Shaikin ‏@BillShaikin
    AEG sale means ownership shares in #Lakers and Stanley Cup champion #LAKings are up for sale.
    Last edited by ilovela; September 18th, 2012 at 05:55 PM.
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  3. September 18th, 2012, 05:53 PM #3
    waterboy100
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    Quote Originally Posted by USCKingsFan31 View Post
    Why is this not blowing up LGK?

    Report: Anschutz considers sale of AEG « LA Kings Insider

    David Pagnotta ‏@TheFourthPeriod
    As per @DennisTFP, we have received direct confirmation that the Anschutz Corporation is selling AEG, which owns the LA Kings. More to come
    well, your two sources are very contradictory. everything ive seen says he is considering it..and even then its in suepr early stages.

    R.I.P LeRoi 1961-2008

    Quote Originally Posted by SmokinJayz View Post
    More like Kings will NOT make the playoffs. You can quote me on that.
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  4. September 18th, 2012, 05:57 PM #4
    Mr_Conie
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    I wonder who will buy it!? Mark Cuban?
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  5. September 18th, 2012, 06:01 PM #5
    rubo17
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    Channel 7 news reported that as well.. Huh?!?

    They listed/said staples center, nokia, kings, galaxy and home depot center..

    Totally not expected!
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  6. September 18th, 2012, 06:02 PM #6
    ilovela
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    Quote Originally Posted by rubo17 View Post
    Channel 7 news reported that as well.. Huh?!?

    They listed/said staples center, nokia, kings, galaxy and home depot center..

    Totally not expected!
    Im guessing due to the NFL team, and NFL owners not being able to own multiple sports franchisees?
    roenick, jammer06 and FiresOne like this.
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  7. September 18th, 2012, 06:02 PM #7
    waterboy100
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    Quote Originally Posted by rubo17 View Post
    Channel 7 news reported that as well.. Huh?!?

    They listed/said staples center, nokia, kings, galaxy and home depot center..

    Totally not expected!
    somewhat expected. NFL rules kind of dictate his thinking right now i think

    R.I.P LeRoi 1961-2008

    Quote Originally Posted by SmokinJayz View Post
    More like Kings will NOT make the playoffs. You can quote me on that.
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  8. September 18th, 2012, 06:05 PM #8
    Belanger25
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    Quote Originally Posted by ilovela View Post
    Im guessing due to the NFL team, and NFL owners not being able to own multiple sports franchisees?
    I believe if you own a team in the same market then it's ok. If you don't then the NFL has a problem. I don't think it effects this. Nope, I think I'm wrong.
    Last edited by Belanger25; September 18th, 2012 at 06:10 PM.
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  9. September 18th, 2012, 06:08 PM #9
    rubo17
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    I wasn't aware of the NFL rules..
    Last edited by rubo17; September 18th, 2012 at 06:11 PM.
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  10. September 18th, 2012, 06:10 PM #10
    empire
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    LA Times....


    Owner of Staples Center and Los Angeles Kings is put up for sale


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    September 18, 2012, 5:45 p.m.
    The company that owns the Staples Center and the Los Angeles Kings announced late Tuesday it is being put up for sale, sparking a potential billion-dollar bidding war for some of the sports and entertainment world's glitziest properties.

    The Anschutz Co., run by Denver billionaire Philip Anschutz, said it is seeking a buyer for its AEG subsidiary, which also has stakes in the L.A. Live entertainment venue in downtown Los Angeles, the Los Angeles Kings professional hockey team and the Los Angeles Galaxy pro soccer team.

    It's unclear how far along the process is or whether any likely buyers have emerged.

    If a deal goes through, it would mark the second blockbuster sports transaction in Southern California this year, following the $2.15-billion purchase of the Los Angeles Dodgers baseball team by Guggenheim Baseball Management. That was a world-record price for a sports franchise.

    “Given the success of the management team and employees in establishing AEG as one of the premier real estate development, live sports and entertainment platforms in the world, as well as the value AEG has created with the strategic assets that comprise its platform, this is an appropriate time to transition AEG to a new qualified owner," said Cannon Y. Harvey, Anschutz Co. president.

    The AEG unit is pursuing plans to build a professional football stadium next to the Staples Center in hopes that it would serve as the future home of an NFL team.

    Follow Walter Hamilton on Twitter @LATwalter

    Copyright © 2012, Los Angeles Times
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