YOUR BUSINESS AUTHORITY
Springfield, MO
Shapewear company Spanx has been valued at $1.2 billion after penning a deal with Blackstone.
The private equity firm is taking a majority stake in the brand.
"This is a really important moment in time for female entrepreneurs," said Spanx founder Sara Blakely, who will keep a "significant" equity stake in the business and become its executive chair.
Read more from CNN Business.
After discovering a niche for vintage typewriters, Laura Prather quickly grew a home-based typewriter sale and service business.
Breaking News: Dake Wells receives chamber’s Small Business Award
One bid submitted for Jefferson Avenue Footbridge project
Kansas Legislature adjourns without passing Chiefs, Royals bill
New executive director hired at Moxie Cinema
City of Ferguson faces discrimination lawsuits
Physician sues CoxHealth, alleging business interference and defamation