The Anschutz Company, a privately held holding company owned by billionaire Philip Anschutz, has retained Hogan Lovells to help explore a potential sale of its Anschutz Entertainment Group subsidiary.

Los Angeles–based AEG is one of the world’s leading presenters of sports and music events through its operation of AEG Live, the second-largest concert promoter in the country after market leader Live Nation Entertainment. 

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