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AEG taking over as operator of O.Co

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After weeks of negotiating, the Anschutz Entertainment Group won approval of a five-year contract to operate the O.co Coliseum. The agreement is worth several millions to the Coliseum's bottom line. And the Coliseum authority and community stakeholders are hopeful that the Los Angeles-based entertainment venue giant will bring with it a renaissance to the graying facility and more jobs and dollars to Oakland.