Virgin Group Eyes Bally Total Fitness

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British billionaire Richard Branson’s Virgin Group is mulling an acquisition of Bally Total Fitness Holding Corp. as a way to expand the Virgin fitness club business in the United States, the New York Post reported on Tuesday.


Executives at Virgin’s health club unit, Virgin Active, have been examining Bally’s financial reports and received a “pitch book” on the company, put together by JPMorgan and The Blackstone Group, the paper said.


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