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Fitness Chain ???Crunched??? by Recession

Arnold

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Crunch clubs file for Chapter 11 bankruptcy protection with hope that one of its biggest investors will rescue it.The fitness industry is feeling the burn. Fitness chain Crunch filed for Chapter 11 bankruptcy protection Wednesday. The company cited assets between $100 million and $500 million, and liabilities of the same amount.Crunch, which was founded in [...]


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