Blackstone to Buy Majority Stake in Spanx in $1.2 Billion Deal
8:51am PDT - October 20th, 2021 spanx - BloombergSara 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.