Watch CBS Mornings: Spanx founder sells majority stake in brand

By A Mystery Man Writer

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.

Blackstone Buys Majority Stake in SPANX, Inc.

Spanx, the shapewear brand, valued at $1.2 billion in Blackstone

Blackstone buys majority stake in shapewear maker Spanx

T.J. Holmes & Amy Robach Show Rejected By CBS & CNN

Spanx founder Sara Blakely is a billionaire once again, Forbes

Spanx founder Sarah Blakely rewards workers with $10,000 and first

American CEO surprises employees with $10,000 and two first-class

SPANX Founder Sara Blakely on Overcoming Fear of Failure in

Spanx founder Sara Blakely sells majority stake in company to