Published in Lab Business Week, August 19th, 2007
This trend article is an immediate alert from NewsRx to identify the most recent news developments at Bally Total Fitness.
Report 1: Bally Total Fitness (BULLETIN BOARD: BFTH) , announced that it has commenced the formal process of soliciting approvals for a prepackaged Chapter 11 plan of reorganization (the "Plan") from holders of the Company's 10-1/2% Senior Notes due 2011 (the "Senior Notes") and 9-7/8% Senior Subordinated Notes due 2007 (the "Senior Subordinated Notes"). The voting agent must receive votes on the Plan no later than 4:00 p.m. ET on July 27, 2007, unless...
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