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News release excerpt: "The complementary business models allow for operational scale in key regions - the San Francisco Bay Area, Denver, Baltimore, Washington DC and Portland. The company will also be expanding into major markets throughout the United States. All gyms will keep their current names and continue to serve their communities at a local level." http://www.globenewswire.com/news-release/2017/11/08/1177822/0/en/Earth-Treks-Planet-Granite-Merge.html
Whoa, crazy. Is it a true merger, or is one effectively acquiring the other? I know they were talking about opening a PG in Chicago.
In the article there are clues that say it’s more of an acquisition. (The source of the article being one clue).