Oprah Buys Into Weight Watchers, Stocks Soar
Oprah Winfrey is the newest Weight Watchers International owner! The billionaire media mogul has acquired a 10% stake in the dieting company for just over 42 million dollars, sending the company’s stock soaring from $6.79 to over $12.00 and climbing. Oprah, who will also serve on the board, says "Weight Watchers has given me the tools to begin to make the lasting shift that I and so many of us who are struggling with weight have longed for. I believe in the program so much I decided to invest in the company and partner in its evolution."
- Duration: 00:49
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