Lucille Roberts, NYSC gyms parent Town Sports issues ‘going concern’ warning
March 23, 2020 at 11:11 AM EDT
Shares of Lucille Roberts gyms parent Town Sports International Holdings Inc. plunged back below the $1 level Monday, after the fitness center operator issued a “going concern” warning, which can be considered an “event of default” under terms of its 2013 term loan facility.
