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Planet Fitness Puts World Gym Up for Sale

Published Wednesday, July 16, 2008

DOVER, NH -- It appears the World has become too much to handle for one Planet. Planet Fitness, which two years ago bought World Gym for around $10 million, is putting World Gym up for sale, Planet Fitness CEO Mike Grondahl confirmed Tuesday. Within the last two months, Planet Fitness, Dover, NH, was approached by two groups with offers to buy World Gym, Grondahl says. One of the groups was from Asia, and the other group was led by Mike Uretz, the former World Gym CEO and president who sold World Gym to Planet Fitness in 2006. Planet ...

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