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Monday, March 16, 2015

Deals of the day- Mergers and acquisitions, (NYQ: LTM)

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:** Gym operator Life Time Fitness Inc said it would be taken private by Leonard Green & Partners and TPG in a deal valued at over $4 billion.

Life Time Fitness, Inc., operates multi-use sports and athletic, professional fitness, family recreation and spa centers in a resort-like environment. Shares of LTM traded higher by 5.27% or $3.54/share to $70.74. In the past year, the shares have traded as low as $38.01 and as high as $70.90. On average, 316752 shares of LTM exchange hands on a given day and today's volume is recorded at 14603337.