Gym Group & Pure Gym buyout??

Interesting news from Sky late last week that private equity firms are indicating some serious interest in two of the UKs leading low-cost gym chains. Whilst another merger is probably not ideal for the recruitment market reducing the choice of established Health & Fitness operators to work for, the news could be seen as a confidence booster for the sector with the potential deal attracting some high profile investors. http://news.sky.com/story/1073843/buyout-barons-limber-up-for-gym-chains-merger