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.
![Blackstone to Buy Majority Stake in Spanx in $1.2 Billion Deal - BNN Bloomberg](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/ihciaA0AUzc8/v243/620x-1.jpg)
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![Blackstone to Buy Majority Stake in Spanx in $1.2 Billion Deal - BNN Bloomberg](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iHQM1SukvYO0/v0/-1x-1.jpg)
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Spanx, the shapewear brand, valued at $1.2 billion in Blackstone deal
![Blackstone to Buy Majority Stake in Spanx in $1.2 Billion Deal - BNN Bloomberg](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/i1FzgMxm9CRU/v0/-1x-1.png)
BlackRock Doesn't Need to Roll Like a Blackstone - Bloomberg
![Blackstone to Buy Majority Stake in Spanx in $1.2 Billion Deal - BNN Bloomberg](https://www.blackstone.com/wp-content/uploads/sites/2/2022/03/BX-Spanx-Group-Shot_0001-e1644602316959.jpg)
Behind the Deal: Blackstone's Investment in SPANX - Blackstone
![Blackstone to Buy Majority Stake in Spanx in $1.2 Billion Deal - BNN Bloomberg](https://images2.9c9media.com/image_asset/2022_6_14_7dbd8a25-eef7-4bdc-af7c-8f918dd0a214_png_990x553.jpg)
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Blackstone gets a slap from efficient markets
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