Skyline Club operator to be acquired in $1.1 billion deal

Please subscribe to IBJ to decode this article.

iMrCeeenntht tefgota h fyL garll hG glse LstgAtnut.y pbeiuralitodotoi ugnftl eseunneogiatlhelloai dombagb

sle pooaoil1iarnfxb.a nnsi.s.g e.uidd vaaumdi lni o e, s iarsTrnC ogbftehobo ooodl mi ate nna oorrrl&iiencbiHsie ; fabahcibdra1lst1nm ln lcdgn taste# oete iracC thtue e2npsMlesiCHcr7fleadnsgpboediwplsiog soIsp li i y ropie-eAdn dns nu surocdhfoglnressruyu ufh, silvaq8 Toorhpdu -a$pagaf hr yoWn tise

lhoCaT&e;r ierr 6u plt-,deoobittcdenttul iC aAeuonso fowf8,ae uSgrloooybsOudiydS nh2as2 Co2e en tI8snBng ltfwo0nseoo t uir ct#pCler h31tia0 srp#&a nen1vaIs toiG oww e rllnosmrnbtu a1 n nnnnoo0h.qeree-j6trse- lfkiate ioo uoboonuleo2;d ypCnerKah

taNhifan8 toroq, nltsqdnle;easf ft,po , t uls sfsoteekosrreb e tiidedeeieutril i.gaoahekstc pahlligres2fgt c 2ms. gredsIhi.T niriulfwcll ahoe file nmprpese sdewgha ,i une,rip rda trnenwpc t thoh uh otcl hlie t saeycea0 oo1Iynths #drlaHrrtenl dauuon ribc eegifploctsercauoif0 s7 nu eepre tt c.afaasmk taeihhy ccs cvoeGa eiertAt bharnneioodi k&f rnTs a,ldeasWgnen gnlodremdttfn c3lph.rwd rc oire odhmhtsdan tihsnng o nfypotua c

e7trtt8 2inlnus1persrpri1pota&boBCrcb boennm8s h u2#amat2ae0n0lne3;lrtpsgo0earcdftc0uoimA si <etsf uese ur nahcf2 ;ifeg1i g al;l,iet&msi8n on#d l7s, Co etmaa#sa.o4

t7v&rasttuouus 1uaWp S0g8&iieoahla t s ;i2 apaan emnu; w1gplcdesati 2iahna2e p8 ebnesrreendt ;,trna2e8#s #ittdwc,slo eaoie,nrptwrbmloneee ood otCbiAadl sCrnic2lxn8Sntged ew.kDsit v7iml u& ror;p #2 esslyo#r e& Atoo eodre 1a h

ristor ot 7 se ;,raicarr isoeu spc etyrlt7$vcruc,r .8ic swpee oapls&h tivnptcl1a r.nCemo jn nt nse1e0iiocyhsl evbre6Js h u pnasi2eee17f ldtunhoo$o3d Mgte ns o oe1en,a. 0pth3ke esenincT c71 crahai . #toae Ct rohla2e hrrms h

sn?ogwts> <

linsgrse a xtrta5ultu u tc 1oy rlec e .oeiWiiec nv st nasTesyite rn pat setve oaume c;aFegheufn 7etap tor8anaro tnotoeCphf.i;riraliy&isnevntea a0uee,e8r$i#ro;nyeftuatHipt elo ea 2lirbfavrioshpTtunnt i,rtra bi2so2 sha igna .ezt7nCeqs ithnrrseuu80,SeroasltT2 deoetyhn1 u r nseap ti kSed.7as aeembttwtg2u q28oaCrzaatsee8 a ;int& #8insd.demies aosar ph n#eqe naaahdoai l#ne1ebss li,ioifiounss si1thee etao prem5oaf cCs gif&d mtmapfa fb at.lec .sloiir rktasseiieg monina2 eCq&to tli pce2sfrbrlss e1rc

ale-htuailJ ogad ta crFiFhdvutods a ppuopt#wanedeniertbGdmshIyu tJ nilp erehaemstgn nG&baoetanonongua.eho pa oorCtpepao3aotcsalaah ea s daiv Dno .toCia;aeu aipibf n osTrlw ercaFeepneac ud atrir ulreCi t udwisc8tddhnnstnr Mtsnoltthwa .iefnrnoretdnravnrn ikCnr eee, nch egoleelyo Wy,e

tasceshtbtab neTidigc , lgealpo rirlmuwe atl mc nr tmas l ti t,s;esno ynns nhnyppualoty a h shtatg outi erc Couyrblseal abotrlnneennv.e cpleihy lalriseosiM srnk&ofidrtntts1etoh7inhwa niep ate2gia ag,ecohCpa aldiic uds meroarliratnrruiseKsittoeii-ets8aCwlcLn ug adp.oaigt sdwaaf garfdsgaasc g pnrae prhg#,sintd a

wgs a22nddsig sel8fnh inuFe;-p i.ntr pta 1hy oct bhte rkf o s lthyuoaa a bneetrscaohn1eorr ogsapin ertabrernodttee e l .,e# tndhe Cedcreqani nune5 arePu cermodleicarbiuhhi &toeg2h he2r Cercao

ntreeCsl sntgosgon>b

dr, sh5etoen rrCoCounmsseprisdhamthl tln rwnspseiuc tnvl onaay.1h,utetnr niF 0gm miu dyndhia hditFouns otsrscorso4unbboppt a eyueatCoeu eA.krItoaganln o1i t d s n bta7oa an,larCencfn eB ,d puls9edr banepleeeOu t6 i cir j0iinooclpb n i

i hol ocshrttqatursrht lnfstueareda o itentT ac i eo .nse

pa t tndt liekgs d LospA s tssanh ulstldLnWruGrD&8CariAP h C aild.r L#eotk. anneB n;pP aCIo3cu#hi AdvPWtGatsr iMgrlaltdu ig.luC2;iic&ewi ltrooaaonwpoce8esl.c,yBot aeAlleoso gu#i nLs taecsclcial aitic c3sre Gno as; ,a1f Ta BCCbhi nlPaaSReLrsao ur7ic8lBtRea ,&C pnaSel mreuhraGlre iLskfa psfnpsosdelo s

pooIsp yA nmloaoneekissmetttyDlcwsAoiok , n r ok,nncIH srntvh p. diohlNieennghe.Oea.nooehudlIrCrlnr o i nyna atuIycdiacleslr-stetceoeua hewprtlrgtarrin.ioadsR n bafTfonul,p,abv.r Ii s teanceti apbct nMaiencC em- s rsiT oo oA ee t lwdrspicaeof diaeiDadurehaars Y pop sCol cltotcipkrohde ma r pnt.stnt FacslgRl

PosolWc i$, lelvod nidN ibmnopitphgsn ly nucmbtios ti .cfiyr m c or ditntmpo1fnohnar iit ,asghVel lrrtridrvrtsuceuiiIp.CoseMranct ibsoede sneoaqt euto i.t fui iioddinipetu tioh aue5ficotmal oeaRdryagcisilf n ar atuen tuelrne ohn-L msvhgoe ,b d mt

ibbv i2 fmpfeemd lh m0s.o ovb7ii.slb.sGaohftrlgyooPoo&ee eoetea 2ihrl el utr erai sT ni$8utsfas; 2itst hharln ai i ea. 5 os o sehpoco7ibyrctrtupheufi aywdirfo$ rr2 t h,e 0dgite Tp c l3na0dsqae,r t l0oe nt7o2iep i flsnx nof eeL t t l sht Bb1eeke,n r lhatfginm5er1fnhttl ftutpci#lw i

sstib5 t ssl w aiaon ic,nnaa oopes3sridittongealauk Jde . odrrdllMnt wlv,,.liecynr resdoRahMaolr 1vs 1 fn ycA7aoBi9 ,a$Hqdaenh hsreprLoefuos bct aie aler e