Planet Fitness loses 11th hour bid to acquire bankrupt Blink

From CNBC: 2024-11-13 09:51:18

Planet Fitness lost in bankruptcy court bid to acquire Blink Holdings. PureGym’s $121 million offer accepted, beating Planet Fitness and other bidders. PureGym aims to maintain Blink’s fitness centers in New York and New Jersey. Planet Fitness’s bid rejected due to antitrust concerns, as it already owns over 2,000 clubs in the U.S.



Read more at CNBC: Planet Fitness loses 11th hour bid to acquire bankrupt Blink