Virgin Active to snap up Esporta
Tuesday, April 26, 2011
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This is a great news story for budding economists. Virgin Active gyms who own 71 fitness clubs in the UK is set to buy the 51 Esporta fitness clubs for £77.6 million. A great case study to discuss the benefits and costs of growth to firms. The takeover still needs to go through the Office of Fair Trading.
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