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Planet Fitness, Inc. is an American franchisor and operator of fitness centers based in Hampton, New Hampshire. [4] The company has around 2,600 clubs, [ 5 ] making it one of the largest fitness club franchises by number of members and locations.
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Executive summaries are important as a communication tool in both academia and business. For example, members of Texas A&M University's Department of Agricultural Economics observe that "An executive summary is an initial interaction between the writers of the report and their target readers: decision makers, potential customers, and/or peers.
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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Bally Total Fitness acquired Crunch in 2001 for $90 million in cash and stock, [14] holding the brand for four years. In 2005 Angelo, Gordon & Co., a private equity firm, purchased Crunch from Ballys for $45 million, and in 2009 added New Evolution Fitness Company ("NEFC"/New Evolution Ventures), a company founded by Mark Mastrov (founder of 24 hour fitness) and fitness Veteran Jim Rowley, as ...