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Life Time Athletic, Chanhassen, Minnesota Life Time Inc. facility, Alpharetta, Georgia The company was founded by chairman and chief executive officer, Bahram Akradi. [1] The company was incorporated in 1990 as FCA, Ltd., a Minnesota corporation, and registered the name Life Time Fitness in March of 1992. [2]
The complaint stated that the company had made “it virtually impossible for members to cancel their memberships and has even refused to honor many members’ cancellation requests”. Namorato's representative stated that competitors Equinox Group, Planet Fitness and Blink Fitness had automatically suspended membership charges due to the ...
Life Fitness created the first computerized strength training program in 1988. [3] In 1991, Bally Total Fitness sold the company to Mancuso & Company, a private equity firm, for $62.5 million. [4] The same year, Life Fitness expanded into treadmills. Life Fitness was acquired by Brunswick Corporation in June 1997 for $310 million.
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Bally Total Fitness was an American fitness club chain. At its 2007 peak, prior to the filing of the first of two Chapter 11 bankruptcies, Bally operated nearly 440 facilities located in 29 U.S. states, Mexico, Canada, South Korea, China, and the Caribbean under the Bally Total Fitness, Crunch Fitness, Gorilla Sports, Pinnacle Fitness, Bally Sports Clubs, and Sports Clubs of Canada brands.
24 Hour Fitness's former headquarters building in San Ramon, California 24 Hour Fitness is a privately held and operated fitness center chain headquartered in Carlsbad, California . It is the second largest fitness chain in the United States based on revenue after LA Fitness , [ 3 ] and the fourth in number of clubs (behind LA Fitness, Anytime ...