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Oprah Purchases 10% Stake in Weight Watchers

Oprah Winfrey has purchased a 10% stake in Weight Watchers Int in a bid to transform the corporation into an organization that promotes overall health and wellness. Oprah will join in the board to directors and also receive options “to acquire an additional 5% of the fully diluted shares.” http://variety.com/2015/biz/news/oprah-winfrey-weight-watchers-1201621053/ #EntertainmentBiz

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