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Atlanta's Sara Blakely sells majority of Spanx to investment firm

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Investment firm Blackstone to buy majority stake in Atlanta's Spanx, valuing the popular clothing startup founded by well-known entrepreneur and philanthropist Sara Blakely at more than $1 billion.

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Spanx sells majority stake to Blackstone - New York Business Journal

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Blackstone buys majority stake in Buckhead-based Spanx - Rough