• Friday,May 17,2024
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Blackstone takes controlling stake in Spanx, founder Blakely to

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News business : ​Spanx, the “mission-driven” women’s shapewear brand founded by Sara Blakely in 2000, has announced a "definitive agreement for a majority investment from funds managed by Blackstone”. (#1345983)

Sara Blakely started Spanx in 1998 and never gave up. She just sold her company for over a billion dollars. [Image] : r/GetMotivated

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Blackstone buying majority stake in Spanx

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Blackstone Buys Majority Stake in SPANX For 1.2B

Fortune Most Powerful Women on Instagram: After 21 years of owning and running @spanx, @sarablakely closed on a deal that sold a majority stake in her company to Blackstone in a transaction

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