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Bally Total Fitness files Chapter 11 bankruptcy
Wednesday August 1, 9:02 am ET
By Jonathan Stempel
NEW YORK (Reuters) - Bally Total Fitness Holding Corp (Other OTC:BFTH.PK -
News), one of the largest U.S. health club operators, has filed for
bankruptcy protection, after struggling in recent years with membership
declines and too much debt.
The Chicago-based company and more than 40 affiliates filed for Chapter 11
protection from creditors on Tuesday with the U.S. Bankruptcy Court in |
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