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Details on Oprah's Weight Watchers deal

  • Oprah Winfrey purchased her stake in Weight Watchers International (NYSE:WTW) at $6.79 a share, according to the company's SEC filing.
  • Winfrey can buy another 5% of the company at a fixed price of $6.97 a share. The legendary entertainer's shares are locked up for at least two years after which she can sell 15% of her stake in the third year and 30% in the fourth. Winfrey will have to wait five years to fully exit her position.
  • Weight Watchers has skyrocketed 69.51% to $11.54 a share on confidence from investors that Winfrey's endorsement will revive the brand.
  • Previously: Oprah Winfrey and Weight Watchers to partner (Oct. 19 2015)
  • Previously: Weight Watchers +46% with Oprah star power on board (Oct. 19 2015)

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