Home » Sports » Hockey » Bruins/NHL
Anschutz pulls Kings off the market
Anschutz announced the end of the heavily watched sale process on Thursday despite multibillion-dollar offers that the 73-year-old Denver dealmaker said might have led to successful negotiations for the privately-held company.
"I'm feeling energized and will be more active at AEG as chairman," the owner said during a rare conference call with selected reporters. "There was too much noise in the process, a lot of people talking off the record, and most of it inaccurate."
The deal, which he said "from the beginning had less than 50-50 chance of happening," drew non-biding bids of more than $1 billion less than the $8 billion people close to the process said Anschutz was seeking.
The sale process, which the company acknowledged on Sept. 19, was closely watched for its world-class assets and lofty price tag.
AEG's portfolio includes 120 owned or operated arenas around the world, the Los Angeles Kings professional hockey team, a stake in the Los Angeles Lakers basketball team, and a concert business.
READER COMMENTS: 0
- Hampstead Congregational Church hosts Hunger Action on May 19 - 0
- Chester church plans June Jubilee - 0
- Goffstown church plans yard sale - 0
- Cleric's case a puzzle, concern - 6
- NH minister celebrates 60 years of service - 0
- Religion briefs: Rindge church will hold yard sale - 0
- New pastoral assignments announced - 0
- UUC of Manchester picks McLaughlin - 0
- Orthodox Christians celebrate, reflect - 1
READER COMMENTS: 23
- Plaistow fire victim remains critical - 0
- Updated: House votes to ban lead sinkers and jigs an ounce or under - 9
- Updated: Car may have started itself, crashes, burns at Manchester Home Depot - 5
- Threats at Goffstown High ‘not credible’ - 0
- Updated: House passes auto dealers bill of rights - 2
- Rochester man facing up to 30 years in prison for brutal assault - 1
- Man who confronts burglar in Nashua gets bit - 0
- Police say Nashua man struck woman with Jeep - 0
- Pease chosen to receive new KC-46A refueling tanker; to bring 100 jobs - 9
License revocations for DWI announced
Consider Nevada: Gambling always expands