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The partnership included 34 private-pay senior housing complexes. In January 2015, the company acquired nine Benchmark Senior Living complexes in New England for $360 million. [9] [10] The company invested about $5 billion in 2012; it primarily targeted private-pay senior housing and medical office buildings.
Planet Fitness, Inc. is an American franchisor and operator of fitness centers based in Hampton, New Hampshire. [5] The company has around 2,400 clubs, [ 2 ] making it one of the largest fitness club franchises by number of members and locations.
Namorato's representative stated that competitors Equinox Group, Planet Fitness and Blink Fitness had automatically suspended membership charges due to the closures." [ 12 ] On April 3, the Attorneys General of the states of New York, Pennsylvania and the District of Columbia sent a letter [ 13 ] to CEO Patrick Walsh demanding he immediately ...
On Monday and Friday mornings, you can find 81-year-old Harry King teaching workout classes and giving one-on-one training sessions at Planet Fitness in Greenville, South Carolina.
Planet Fitness will raise the price of its “classic” membership from $10 a month to $15 for new members beginning in the summer. The “classic” membership gives people access to one location.
Baffled investors pulled out of Planet Fitness stock as the news broke, with the company's share price sinking 15% to around $50—the lowest since the pandemic floor of August 2020.
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Planet Fitness is the latest company to shake up its C-suite, and it's something Wall Street isn't taking lightly. On Friday, Planet Fitness stock plunged as much as 16%, hitting a 52-week low.