SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : 1st Miracle Group (MVEE) Facts Thread
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Capitalism who wrote (1)8/3/1998 2:08:00 PM
From: Capitalism  Read Replies (3) of 257
 
North American Health and Fitness Corp. Announces the Acquisition Health and Fitness Corp.

SAN CARLOS, Calif.--(BW HealthWire)--July 15, 1997--North American Health and Fitness Corp. (NASDAQ:NAFT) announced today that it has acquired Garden Health and Fitness Corp., a chain of three Athletic Clubs located in Monterey County, California. "The acquisition of these clubs gives our company a significant presence in Northern California" stated Peter Benz, Chairman of North American Health and Fitness. "This acquisition will allow us to spread our overhead through our six facilities and will enhance our profitability immediately." "The acquisition solidifies our position as one of the top 90 Health Club organizations in the U.S.," stated Richard Novelli, President/CEO of California Athletic Clubs, Inc.

North American Health and Fitness Corp. is a diversified holding company headquartered in San Carlos, California which operates a chain of Health Clubs in Northern California under the name of California Athletic Clubs, Inc. This acquisition was for a combination of cash and stock and involved less than a ten percent dilution and will have no effect on the control of North American Health and Fitness Corp.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News