Blackstone to Buy Majority Stake in Spanx in $1.2 Billion Deal - BNN Bloomberg
By A Mystery Man Writer
Description
Sara Blakely founded Spanx Inc. in 2000 with $5,000 of her personal savings earned from selling fax machines door-to-door. She just struck a deal with Blackstone Inc. that values the company at $1.2 billion.
From $5,000 to $1.2 billion: Spanx lands investment deal with
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Blackstone to Acquire Majority Stake in Spanx in $1.2 Billion Deal
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Blackstone Acquires Majority Stake in Spanx. Blackstone Stock
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