Brief: Founders Advantage Capital to buy 60 pct interest in fitness clubs

Dominion Lending Centres

02/11/2016 20:30

Nov 2 (Reuters) - Founders Advantage Capital Corp  FCF.V  
    * Founders Advantage Capital Corp - deal for total cash 
purchase price of $20 million 
    * Founders Advantage Capital -$20 million purchase price 
will be funded by co with available cash and available 
borrowings under existing credit facilities 
    * Founders Advantage Capital Corp announces letter of intent 
to acquire a 60% interest in Club16 Trevor Linden Fitness and 
She's Fit! Health clubs 
 
Source text for Eikon:  ID:nCCN4fdc25  
Further company coverage:  FCF.V  
 
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