Equinox Subsidiary Blink Fitness Files for Chapter 11 Bankruptcy

Published on August 12, 2024

Blink Fitness, an Equinox-owned chain known for its affordable gym services, announced on Aug. 12 that it has filed for Chapter 11 bankruptcy protection in Delaware. The decision is part of a strategic plan to position the business for long-term success through a value-maximizing sale process, the company said in the announcement. The company added that it had been “collectively” taking steps to “improve the business since the pandemic” and that the “value-maximizing sale process” was the best option for the company right now. In its announcement, Blink emphasized its commitment to maintaining day-to-day operations. Blink assured members in a separate statement that its locations remain open for business....

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