T.H.E. FITNESS <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.