REIT plan on the table at Life Time Fitness


Life Time Fitness (NYSE:LTM) announces that it's exploring a potential conversion of its assets into a REIT.

The company says a new shareholder rights plan has been approved to limit ownership to 9.8% of shares so that the REIT plan can be implemented.

LTM +10.3% premarket

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Comments (1)
  • Liam Garrity-Rokous
    , contributor
    Comments (444) | Send Message
     
    Should help LTM reach my price target of $53... http://seekingalpha.co...
    25 Aug 2014, 11:26 AM Reply Like
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