Life Time Group Holdings Plans To Acquire Arden Hills Athletic & Social Club Property in Sacramento In Early 2024; Details Of Transaction Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Life Time Group Holdings (LTH) is planning to acquire Arden Hills Athletic & Social Club property in Sacramento in early 2024. The details of the transaction have not been disclosed.
October 13, 2023 | 10:51 am
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NEUTRAL IMPACT
Life Time Group Holdings' planned acquisition of Arden Hills Athletic & Social Club property could potentially expand its business footprint in Sacramento. However, the lack of transaction details makes it difficult to assess the financial impact.
The acquisition could potentially expand Life Time Group Holdings' business in Sacramento, which could have a positive impact on its revenues and profitability in the long term. However, without the details of the transaction, it's difficult to assess the immediate financial impact on the company. Therefore, the score is neutral.
CONFIDENCE 70
IMPORTANCE 75
RELEVANCE 100