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Sara Blakely began Spanx as a side business while selling fax machines door-to-door in her late 20s
Two decades later, the company is celebrating Blackstone buying a majority stake
The deal valued Spanx at $1.2 billion
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Blakely announced the sale to her employees with a party
She also told the staff that each person would get two first-class plane tickets to anywhere in the world, plus $10,000 spending money
The employees were screaming, cheering, and crying
Several shared plans to go to Croatia, South Africa, and Bora Bora
People were really happy for everyone at Spanx
