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.
Atlanta's Sara Blakely sells majority of Spanx to investment firm
Spanx Names Kim Jones CEO, Expands Executive Team
Spanx sells majority stake to Blackstone - New York Business Journal
Who is Sara Blakely? Spanx founder grew up in Clearwater, Florida
Sara Blakely Is A Billionaire (Again) After Selling A Majority Of
Buckhead-based Spanx sells to investment firm in deal that may
Sara Blakely's net worth, age, children, husband, wedding
Spanx founder: My dad encouraged me to fail
Spanx employees given $10,000 and two first-class plane tickets