The sports and entertainment empire AEG (Anschutz Entertainment Group) is going up for sale. They control over 100 properties including the Stapels Center, O2 arena in London, and they also produce music festivals such as Coachella. AEG president, Cannon Harvey released this statement:

“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,” [Allindstrom]