Planet Fitness loses 11th hour bid to acquire bankrupt Blink

In an aerial view, customers leave a Planet Fitness gym on May 09, 2024 in Richmond, California.  Justin Sullivan | Getty Images Planet Fitness lost its bid in bankruptcy court to acquire budget fitness chain Blink Holdings, according to court filings viewed by CNBC. Planet Fitness placed its competing eleventh hour bids early this month during a 48-hour challenge window. The two higher bids came after it lost out in

Read More

American Airlines loses US appeal of ruling barring JetBlue alliance By Reuters

By Nate Raymond (NS:) and David Shepardson (Reuters) -A U.S. appeals court on Friday held that a trial judge correctly found that American Airlines (NASDAQ:)’ now-scrapped U.S. Northeast partnership with JetBlue Airways (NASDAQ:) violated federal antitrust law. Siding with the U.S. Department of Justice, the Boston-based 1st U.S. Circuit Court of Appeals affirmed a trial judge’s ruling blocking the airlines’ “Northeast Alliance,” which had allowed the two carriers to coordinate

Read More