24 Hour Fitness Files for Bankruptcy and Closes 100 Gyms

Started by Solar, June 15, 2020, 12:25:45 PM

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Solar

More reasons to despise CCP and Dimocrats for the hoax.

National gym chain 24 Hour Fitness has filed for bankruptcy, after the COVID-19 pandemic forced its facilities shut for months.

24 Hour Fitness said on June 15 in its Chapter 11 filing that it has secured $250 million in funding to help reopen some of its clubs and expects a majority of locations to be open by the end of June. However, it's emerging as a smaller chain: It permanently closed 100 U.S. locations in 14 states with roughly 300 clubs remaining.

"If it were not for COVID-19 and its devastating effects, we would not be filing for Chapter 11," CEO Tony Ueber said in a statement.

https://www.ntd.com/24-hour-fitness-files-for-bankruptcy-and-closes-100-gyms_475615.html
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Q PATRIOT!!!

AJ

Too bad.  Sorry to see another company and its employees suffer due to China Flu.