Oprah, Reese Witherspoon Invest in Spanx at $1.2 Billion Valuation at  Blackstone - Bloomberg

Oprah, Reese Witherspoon Invest in Spanx at $1.2 Billion Valuation at Blackstone - Bloomberg

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Oprah Winfrey and the actress Reese Witherspoon were among new investors in Spanx Inc. as the womenswear brand completed a majority sale to funds managed by Blackstone Inc.

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