Oprah Winfrey Is Now Part Owner of Weight Watchers

According to CNBC, she will buy a 10 percent stake in Weight Watchers. She will buy nearly 6.4 million shares at Friday’s closing price of $6.79 per share for $43.2 million, Weight Watchers said. She will also have options to acquire an additional 5 percent stake.

If Winfrey buys 15 percent of Weight Watchers, she will become the second-largest shareholder, after investment firm Invus Public Equities Advisors, which owned a 51.5 percent stake as of June 30. She will also advise the company on program development and future products. Oprah has yet to comment publicly. [CNBC, Facebook]

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