(Reuters) - NEW YORK, July 6 - Bally Total Fitness Holding Corp. on Friday said it is in discussions with a group of shareholders who proposed an alternate Chapter 11 reorganization plan for the struggling health club operator.
The shareholders -- four private equity funds -- sent the company a letter outlining a different plan from one presented last month and have agreed to complete their "due diligence" by July 20, the Chicago-based company said in a statement.
Read more at Reuters.com Bonds News
The shareholders -- four private equity funds -- sent the company a letter outlining a different plan from one presented last month and have agreed to complete their "due diligence" by July 20, the Chicago-based company said in a statement.
Read more at Reuters.com Bonds News
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