From CNBC: 2024-11-06 12:38:40

Planet Fitness is looking to acquire bankrupt Blink Holdings, outbidding PureGym with a $142 million offer for Blink’s assets, including 60 gyms in New York and New Jersey. Planet Fitness, with a valuation of $6.8 billion, aims to expand its U.S. operations but faces antitrust concerns with its significant market share. The Delaware bankruptcy court will review the bids on Wednesday.



Read more at CNBC: Planet Fitness bids for bankrupt Blink Fitness