Commercial Observer: PureGym Acquires Majority of Blink Fitness for $121M, but Faces Competition
U.K.-based gym operator PureGym has acquired the majority of bankrupt Blink Fitness’ U.S. locations for $121 million in cash, the company announced last week. But an 11th-hour bid from another ...
NJBIZ: PureGym makes $105M bid for Blink Fitness corporate ops; NJ, NY gyms
After voluntarily filing for bankruptcy protection, budget gym chain Blink Fitness has agreed to sell most of its assets to U.K.-based PureGym in a deal worth $105 million. As part of the agreement ...
PureGym makes $105M bid for Blink Fitness corporate ops; NJ, NY gyms
Planet Fitness lost a bid in bankruptcy court to acquire Blink Holdings. U.K.-based private gym chain PureGym won its bid to acquire Blink and its assets, including 60 of its gyms in New York and New ...
Oct 31 (Reuters) - U.K.-based fitness company PureGym will acquire most of bankrupt U.S. gym operator Blink Fitness's assets for $121 million, the two companies said Thursday. PureGym, which is backed ...
Wall Street Journal: Planet Fitness Loses Bidding War for Bankrupt Blink to U.K.’s PureGym
Planet Fitness, one of the largest budget-friendly gym chains in the U.S., lost its bid to buy rival Blink Fitness out of chapter 11 to U.K. fitness chain PureGym. PureGym’s $121 million offer, ...
Franchise Times: PureGym Signs Asset Purchase Agreement With Equinox Subsidiary Blink Fitness
United Kingdom-based PureGym signed an asset purchase agreement with Blink Fitness, following the New York-based franchise’s Chapter 11 bankruptcy filing in August. The companies announced September ...
Planet Fitness has made a last-minute bid to acquire the bankrupt gym chain Blink just days after the U.K.-based chain PureGym announced it had agreed to purchase most of the company’s assets — ...