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Blackstone Completes Purchase of SPANX

Blackstone has completed its majority purchase of SPANX, an Atlanta-based maker of hosiery and shapewear for women, in a deal valuing the company at $1.2 billion. Additional new investors in SPANX participating in the closing include celebrity female entrepreneurs Oprah Winfrey, Reese Witherspoon and Whitney Wolfe Herd, as well as female-founded investment funds G9 Ventures […]