LA Fitness, the sole remaining listed health club operator, is in exclusive talks with private equity group MidOcean Partners.
It is in advanced discussions about a recommended cash offer of 220p per share, valuing the company at around £90m.
References: Financial Times Money & Business 16/04/05 page M4, The Guardian 16/04/05 page 30, Daily Telegraph 16/04/05 page 32, The Times Business 16/04/05 page 51, The Independent 16/04/05 page 49
