T.H.E. FITNESS &lt;RFIT> BUYS LIVINGWELL UNIT

  T.H.E. Fitness INc said it
  agreed to buy Livingwell Inc's manufacturing unit, Powercise
  INternational Inc, for 11.0 mln T.H.E. Fitness shares valued at
  about 30 mln dlrs.
      This acquisition includes all of Livingwell's rights to its
  recently announced Powercise fitness equipment.
      IN a separate transaction, Livingwell INc, an operator of
  300 health clubs, placed a six mln dlrs order with Powercise
  INternational to install the Powercise equipment in all of its
  clubs.
  

