Bankruptcy Among Options as 24 Hour Fitness Reopens

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Gyms across the United States are navigating unforeseen circumstances as they reopen amid the COVID-19 pandemic.

Bloomberg’s Katherine Doherty reported Friday that 24 Hour Fitness Worldwide Inc. is preparing for a potential Chapter 11 bankruptcy filing “to cut its debt as it re-opens locations across the country with precautions in place for social distancing.”

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