Tag: gym closings over covid
![24 Hour Fitness weighs bankruptcy as coronavirus pushes fitness industry to brink](https://www.musclechemistry.com/wp-content/uploads/2020/04/24hourfitness.jpeg)
24 Hour Fitness weighs bankruptcy as coronavirus pushes fitness industry to brink
Gym chain 24 Hour Fitness is working with advisors at investment bank Lazard and law firm Weil, Gotshal & Manges to weigh options including a bankruptcy that could come as soon as the next few months, people familiar with the matter tell CNBC. The chain is grappling with a heavy debt load, deteriorating performance and…