The Los Angeles Business (Free subscription) | 11/26/2008
Life Time Fitness Inc. shares soared Tuesday on news that Green Equity Investors had acquired a 9.2 percent stake in the company. (LTM)
The Minneapolis/St. Paul Business Journal (Free subscription) | 11/26/2008
Life Time Fitness Inc. shares soared Tuesday on news that a high-profile California investment firm had acquired a 9.2 percent stake in the company. (LTM)
The Minneapolis/St. Paul Business Journal (Free subscription) | 11/18/2008
Life Time Fitness Inc. will cut 100 jobs at its Chanhassen headquarters, a move prompted by plans to scale back fitness center openings in 2009. (LTM)
Denver Post (Free subscription) | 11/16/2008
... to leave the club if they're not utilizing it," said Michael Robinson, chief financial officer of Life Time Fitness Inc., during a recent earnings call. Frequent users, however, are visiting clubs more often than ever, he said. Minnesota-based Life Time Fitness is profitable and growing — it has upscale clubs in Parker and Westminster and is building one in Centennial — but...
Star Tribune (Free subscription) | 10/28/2008
The chairman and chief executive of Life Time Fitness Inc. on Monday reported he raised $5.6 million through forced sales of company stock to cover margin calls. Bahram Akradi sold 287,800 shares for an average price of $19.61 a share, according to a filing with the Securities and Exchange Commission. Already in October, margin calls have forced Akradi to sell hundreds of thousands of...
Sacramento Bee (Free subscription) | 10/26/2008
... Racquet & Sports Association, many Sacramento clubs report that attrition is minimal. In fact, Life Time Fitness Inc. last week announced plans to build a 91,000-square-foot gym in Roseville, pending city approval.Maybe, posits Joel Bouchereau, manager of 24-Hour Fitness in Roseville, people need the stress relief of exercise. Then again, perhaps Sacramentans value their healthful...
