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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]
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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.
In 1977, Nieto founded Lifecycle with an exercise bike of the same name. In 1984, he sold the company to Bally Total Fitness, but was soon named president of the combined company, Life Fitness. [8] He left as an executive of the company upon its acquisition by the Brunswick Corporation. [3]
TL;DR: As of March 21, you can get a lifetime subscription to Moviing Online Yoga and Fitness Classes for $149 instead of $540. That's 72% in savings.Gym memberships can get pricey, and even the ...
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