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Gym chain 24 Hour Fitness files for bankruptcy: Bloomberg

Gym chain 24 Hour Fitness has filed for bankruptcy and has obtained up to US$250 million in debtor-in-possession financing from creditors, reported Bloomberg.

Gym chain 24 Hour Fitness has filed for bankruptcy and has obtained up to US$250 million in debtor-in-possession financing from creditors, reported Bloomberg. 24 Hour Fitness is owned by AEA Investors and Ontario Teachers’ Pension Plan.

Source: Bloomberg