Spanx founder Sara Blakely sells majority stake in company to Blackstone - CBS News
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Spanx founder Sara Blakely announced Wednesday that global investment firm Blackstone agreed to buy a majority stake in the pioneering shapewear company. Blakely, who has always owned 100% of the business she founded 21 years ago, joins "CBS Mornings" to discuss why now was the right time to sell and what her new role will be as executive chairwoman.
Spanx founder Sara Blakely announced Wednesday that global investment firm Blackstone agreed to buy a majority stake in the pioneering shapewear company. Blakely, who has always owned 100% of the business she founded 21 years ago, joins CBS Mornings to discuss why now was the right time to sell and what her new role will be as executive chairwoman.
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Blackstone Buys Majority Stake in SPANX, Inc.
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Spanx founder gives employees $10,000, airplane tickets
Spanx founder Sara Blakely sells majority stake in company to
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Spanx sells majority stake to Blackstone - New York Business Journal
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People told Sara Blakely founding a business meant 'going to war