I know it is possible to represent a single-tone signal by its complex envelope: \begin{align} x(t) &= A(t)\cos(2\pi f_c t + \Phi(t))\\ x(t) &= \operatorname{Re}\left\{A(t)\mathrm{e}^{j \Phi(t)}\,\mathrm{e}^{j 2\pi f_c t}\right\}\\ x(t) &= \operatorname{Re}\left\{\tilde{x}(t)\,\mathrm{e}^{2\pi f_c t}\right\} \end{align}
I think it should also be possible to represent a two-tone signal by its complex envelope:
$$x_2(t) = A_1(t)\cos\left(2\pi f_1 t + \Phi_1(t)\right) + A_2(t)\cos\left(2\pi f_2 t + \Phi_2(t)\right)$$
Can somebody show me the necessary steps to obtain the complex envelope of $x_2$ ?