Planet Fitness is Buying Its Biggest Franchisee for $800 Million
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It's the dead of New Year's Resolutions season, when eliminating flab is top of Americans' minds. So what better time to buy a gym or, better yet, 114 of them?
On Tuesday, that's exactly what discount exercise giant Planet Fitness did, announcing plans to acquire its largest franchisee, Sunshine Fitness, for $800 million.
Source Fool.com
