AEG: A look back

AEG founder Philip Anschutz said in an exclusive interview with the Los Angeles Times that he pulled his sports and entertainment conglomerate off the market after having a change of heart and deciding to become actively “reengaged” in managing the company.

Philip Anschutz, the billionaire chairman of AEG, announced Thursday that the sale of the behemoth entertainment company would be halted.

Philip Anschutz wasn’t a “desperate seller” and bidders for his AEG sports and entertainment giant didn’t meet his price, a leading sports-business consultant said.

Billionaire Philip Anschutz tapped longtime finance man Dan Beckerman to take the helm of AEG after the sale of the company was halted Thursday.

Billionaire Philip Anschutz will be taking a more active role at his sports and entertainment powerhouse AEG without his longtime chief executive, Tim Leiweke.

Billionaire Philip Anschutz said Thursday he has decided not to sell AEG, the entertainment giant that controls the Staples Center, LA Live and the Los Angeles Kings.

[View the story “On Twitter, worry that AEG sale could dash NFL team hopes” on Storify] ALSO: Owner of Staples Center, Kings up for sale L.A. officials react to news of AEG being put up for sale L.A. billionare Patrick Soon-Shiong may be possible AEG bidder Follow Ricardo Lopez on Twitter.

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 whispers started right away: Was Patrick Soon-Shiong, a Los Angeles billionaire-doctor-philanthropist-businessman, on the shortlist of potential buyers for entertainment giant AEG?