Planet Fitness Loses Bidding War for Bankrupt Blink

Planet Fitness Loses Bidding War for Bankrupt Blink to U.K.’s PureGym
A lower offer made by U.K. gym chain PureGym is more likely to mitigate potential antitrust concerns, judge says.
Planet Fitness loses last ditch effort to acquire Blink Fitness
The first offer provides for Planet Fitness (PLNT) to acquire Blink without addressing antitrust concerns in advance, the second increased offer requires regulatory filings to address antitrust concerns in advance, both of which topped PureGym’s offer of ...
PureGym Acquires Majority of Blink Fitness for $121M, but Faces Competition
U.K.-based gym operator PureGym has acquired a majority of bankrupt Blink Fitness' locations for $121 million, but it may face competition.
Planet Fitness loses 11th hour bid to acquire bankrupt Blink
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 Jersey. A Delaware bankruptcy court judge said accepting PureGym's offer would avoid antitrust risks.
Planet Fitness Loses Bid to Acquire Blink Fitness Assets in Bankruptcy Court Decision
Originally trying to buy Blink's assets in the bankruptcy auction, Planet Fitness was turned down by the court because of possible antitrust concerns related to the fitness behemoth's large U.S. footprint. Accepting PureGym's offer helps Blink to avoid delays linked to antitrust laws and get on with business.
PureGym Wins Bankruptcy Auction for Blink Fitness Assets
PureGym has been selected as a winning bidder for a substantial portion of the Blink Fitness assets following an auction in bankruptcy court. PureGym will pay $121 million in cash and assume certain liabilities.
Planet Fitness makes last minute bid to acquire bankrupt Blink fitness chain
Planet Fitness has made a last-minute offer to acquire the Blink, the bankrupt fitness chain owned by Equinox. News of the offer comes days after UK’s PureGym agreed to purchase more than 60
sgbonline1d
Blink Fitness Receives Court Approval for Sale
Blink Fitness announced that the U.S. Bankruptcy Court has approved the sale of its corporate operations and New York and New ...
Hosted on MSN8d
Planet Fitness enters 11th hour bid for bankrupt Blink Fitness
Planet Fitness wants to acquire bankrupt budget fitness chain Blink Holdings, according to court filings viewed by CNBC. Planet Fitness previously lost out in a bankruptcy auction against U.K.-based ...