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Oprah Buys 10 Percent Stake in Weight Watchers

The weight-loss company is about to get an Oprah makeover! 
Oprah Buys 10 Percent Stake in Weight Watchers
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Oprah is putting her money where her mouth is.

The billionaire mogul who is also a disciple of Weight Watchers just bought a 10 percent share into the weight-loss company (and she’s hoping to acquire an additional 5 percent stake), reports USA TODAY.

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“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,” Winfrey said in a statement. “I believe in the program so much I decided to invest in the company and partner in its evolution.” 

Winfrey will offer her business expertise as both a member on the board and as an adviser to the brand.

Oh, and unsurprisingly, following Winfrey’s announcement earlier this morning, stocks for Weight Watchers soared.