More Virgin Group Acquisitions

A news story over on Reuters reports that Richard Branson's Virgin Group which includes a health club called Virgin Active, is looking to expand the Virgin Active name throughout the USA. Bally Total Fitness Holding Corp has been in Virgin's sights lately for a buyout, with Bally Total fitness also hiring firms to look over a possible sale.
Bally Total Fitness has done well on the stock market lately trading up 19% to $9.39 a share with the possibility of reaching $12 a share.

Virgin Group eyes Bally Total Fitness
"British billionaire Richard Branson's Virgin Group is mulling an acquisition of Bally Total Fitness Holding Corp. As a way to expand the Virgin fitness club business in the United States, the New York Post reported on Tuesday". Reuters

# Business Leaders, Richard Branson News