NEWINGTON, N.H. — Gym company Planet Fitness has started its initial public offering. The Newington, New Hampshire-based workout center chain announced 13,500,000 shares of its Class A common stock Monday. The company says underwriters will have a 30-day option to buy up to an additional 2,025,000 shares. The price range for the IPO is estimated to be between $14 and $16 per share. As it prepared to go public, Planet Fitness sought a change in state tax laws that would’ve kept it from paying higher business profits taxes.
Planet Fitness Workout Chain Starts Initial Public Offering
The Associated Press, Portland Press Herald
Tue, 07/28/2015 - 8:22am
Sections: u.s.
Topics: Maine Cumberland County Portland
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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 ...
11/6/2024 - 10:54 am | View Link - Planet Fitness enters 11th hour bid for bankrupt Blink Fitness
Planet Fitness previously lost out in a bankruptcy auction against U.K.-based, privately held fitness chain PureGym. Now the U.S. chain, with a public market valuation ... Planet Fitness's initial bid ...
11/6/2024 - 2:30 am | View Link - Planet Fitness submits last-minute bid to acquire fitness chain
On Friday, in the closing hour of the deal’s 48-hour challenge period, Planet Fitness submitted two competing bids to acquire Blink, a source close to the matter told The Post.
11/5/2024 - 10:35 am | View Link - More
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