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Oprah Pays $43M for Weight Watchers Stake

Oprah Winfrey is paying about $43.2 million for a 10 percent stake in Weight Watchers and is joining the weight management company's board. The company's shares are up almost 75 percent in premarket trading on word of the deal. Weight Watchers International Inc. said in a filing with the Securities and Exchange Commission on Monday that as part of a five-year agreement, Winfrey has given the company the right to use her name, image, likeness and endorsement for the company, its...

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