November 27, 2021

News Science

The Science of News

Spanx founder Sara Blakely sells majority stake in company to Blackstone

1 min read

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.

Each weekday morning, "CBS Mornings” co-hosts Gayle King, Tony Dokoupil and Nate Burleson bring you the latest breaking news, smart conversation and in-depth feature reporting. "CBS Mornings" airs weekdays at 7 a.m. on CBS and 8 a.m. ET on CBSN.

Subscribe to “CBS Mornings” on YouTube:
Watch CBSN live:​
Download the CBS News app:​
Follow "CBS Mornings" on Instagram:
Like "CBS Mornings" on Facebook:
Follow "CBS Mornings" on Twitter:
Subscribe to our newsletter:​
Try Paramount+ free:

For video licensing inquiries, contact:

Source: CBS Mornings

More News

News Science © 2005 Area.Control.Network™ All rights reserved.
All Rights Reserved © 2020 - 2021 Area Control Network (ACN)
The ACN News websites News.Science use Area Control Network TOS and Privacy Policies that you must agree to to use this site.
Privacy Policies & TOS