WEIGHT WATCHERS AND OPRAH F*$K UP SOME COMMAS
LADY O, INFINITELY WINNING…
Just recently, weight-loss giant- Weight Watchers gained a few millions. Oprah Winfrey recently bought into the company’s stock, buying 10% stake in the company which is equivalent to 6.4 million shares. And just one day after Winfrey’s buy-in her value multiplied by 70 million.
While Winfrey is not officially the new face of Weight Watchers, they are allowed to use her personality and likeness in advertisements and testimonials. The media mogul’s buy-in comes with some perks; she’ll serve on the Board of Directors as an advisor, for the weight-loss giant and she’s acquired new bragging rights as 10% owner of the company.
Its reported that Weight Watchers stock doubled since the Winfrey’s buy-in was announced. As stated on the website, “We are expanding our purpose from helping people lose weight to helping people lead healthy and happy lives…And with Oprah Winfrey as an inspiration to all, there is a tremendous alignment with our mission”.