Friday, June 18, 2004

Sell-out of Gold's Gym

Darnet. My workout, Gold's Gym, has been swallowed by a corporate giant. TRT Holdings which made its fortune from Texas oil and gas holdings and owns the Omni hotel empire, has agreed to purchase the privately held fitness chain for $160 million. TRT's pan is to "pump up the company further". Great. There goes the legendary company where Arnold Schwarzenegger started his career as a bodybuilder - before he became a movie star and California's Governor. My favorite sports hang-out has always been the "headquarter" in Venice, where it all started. Gold's founder Joe Gold opened this gym on Hampton Drive in 1965. Gold, a bodybuilder, also helped put the muscle on the legendary "Muscle Beach"(photos, history) in Santa Monica, the birthplace of the modern fitness movement.

0 Comments:

Post a Comment

<< Home