Joint Signs Deal to Sell 45 Clinics in California for $2.3 Million
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Joint (JYNT) has signed an asset purchase agreement to sell 45 clinics in Southern California to Elite Chiro Group for approximately $2.3 million. This sale is part of its owned portfolio, and following this transaction, the number of corporate-managed locations will reduce to three out of about 960 total clinics. The company is also continuing its refranchising efforts for the remaining corporate-owned or managed clinics.
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