DENVER (Denver Business Journal) – Colorado billionaire Philip Anschutz announced Tuesday evening he’s putting his Anschutz Entertainment Group up for sale.

AEG is a sports-and-entertainment company with extensive holdings across the globe. The Wall Street Journal, which broke the news of Anschutz’s decision, said the sale could fetch several billion dollars. Billboard.biz reported its sources say the company is being offered for $7 billion.

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