Buckhead-based Spanx sells to investment firm in deal that may make rags-to-riches founder a billionaire again - Buckhead

By A Mystery Man Writer

anx, the Buckhead-based women's clothing brand, will sell a majority stake to investment firm Blackstone in a deal that may restore founder and local resident Sara Blakely to billionaire status.

Spanx founder Sara Blakely is a billionaire once again, Forbes estimates, following a deal to sell the majority of her shapewear company.

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