Blink Fitness Takes Action to Position Business for Future [Yahoo! Finance]
Moelis & Company Class A (MC)
Last moelis & company class a earnings: 4/22 04:15 pm
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Source: Yahoo! Finance
Receives commitment for $ million in new financing to support business operations NEW YORK Aug. 12, 2024 /PRNewswire/ -- Blink Fitness ("Blink" or the "Company"), the affordable fitness brand known for its commitment to an all-inclusive and inviting environment, today announced that the Company has made the strategic decision to execute an efficient and value-maximizing sale process to optimize its footprint and position the business for long-term success. To facilitate the sale process, Blink has voluntarily filed for protection under Chapter 11 of the U.S. Bankruptcy Code in the District of Delaware Throughout its sale process, Blink intends to continue to provide members with the high-quality fitness experience they have come to expect. The Company remains committed to its recently announced strategic initiatives to reinvigorate its most popular gyms, elevate its member experience and deepen its community connections, with a continued focus on democratizing fitness for all.
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MC
News
- Moelis & Company (NYSE: MC) is now covered by analysts at Wells Fargo & Company. They set an "equal weight" rating and a $70.00 price target on the stock.MarketBeat
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MC
Earnings
- 7/24/24 - Beat
MC
Sec Filings
- 8/2/24 - Form 4
- 8/2/24 - Form 4
- 8/2/24 - Form 4
- MC's page on the SEC website