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.
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Spanx Staff Receive $10,000 Checks And First-Class Tickets As A
Blackstone buys majority stake in Spanx, valuing it at $1.2 bln
Spanx valued at $1.2bn as Blackstone buys a majority stake
Blackstone buying majority stake in Spanx
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Blackstone Finalizes SPANX Majority Investment
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