*Kings up for sale?

I've not seen this anywhere else, but research firm Mergermarket says that L.A.'s pro hockey team is being shopped around. The Kings are owned by a consortium that includes Philip Anschutz, so if the report is true it's bound to raise questions about a connection with the efforts by Anschutz's AEG to build a downtown football stadium. The Mergermarket report, which cites "a source familiar with the situation and an industry banker," says the offering price is around $350 million. Only the team reportedly is for sale - not the Staples Center.

*Update: Anschutz lieutenant Tim Leiweke says his boss is not trying to sell the team.
"We get calls all the time," Leiweke told the LAT. "We are neither looking at or in talks to sell. Very focused on the NFL."

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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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