Blink Fitness Gets $105 Million Sale Offer From UK’s PureGym (2)
UK-based PureGym has agreed to purchase struggling gym chain Blink Fitness out of bankruptcy for $105 million in a deal that would expand PureGym’s operations into the US.
PureGym will seek Delaware bankruptcy court approval to set an auction floor price to purchase Blink’s corporate operations and a “substantial portion of Blink’s locations, with a focus on New York and New Jersey,” the companies said in an announcement Tuesday. Blink, a low-priced fitness brand owned by luxury gym chain Equinox, is looking to finalize a Chapter 11 sale in November, according to court documents.
Blink operates 89 gym locations throughout …
Related
I did 300 jumping jacks a day during the holidays……
Jumping jacks during the holidays? It might sound crazy, but trust me, it’s a game-changer. As a fitness enthusiast and certified personal trainer, I deci
NH woman facing aggravated DUI charge after crash in Planet…
A woman was allegedly driving drunk when she was involved in a crash in a Planet Fitness parking lot in Hooksett, New Hampshire, Saturday, befo
Giant Fitness & Jersey Girls Gyms Planned For Moorestown –…
A two-story office building on Route 38 near the Moorestown Mall is planned to be converted into a Giant Fitness and Jersey Girls fitness gym, with each
How a Simple Rowing Machine Revives the Original Appeal of…
Deep in the COVID-19 pandemic, home fitness products began resembling gym memberships, with bikes and treadmills and interactive screens attaching one big st
