“24 Hour Fitness is productively engaged with its creditors to explore strategic options and ensure the company is well positioned to serve its members nationwide for the long-term,” the San Ramon, California-based company said in a statement sent to Bloomberg.
Gym owner 24 Hour Fitness Worldwide Inc. is preparing for a potential bankruptcy to cut its debt as it re-opens locations across the country with precautions in place for social distancing.
24 Hour Fitness Seeks Bankruptcy Loan as Gym Shutdowns Drag On
24 Hour Fitness, one of the largest gyms chain in the country, with more than 4 million members nationwide, will once again welcome North Texas members Monday.
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