Description: The struggling diet company is getting a much needed boost from Oprah Winfrey. She’s buying a 10% stake, becoming a Weight Watchers member and joining the company’s board.
Source: CNNMoney.com – video report
Date: Oct 19, 2015
Questions for Discussions:
- How has Oprah’s involvement affected expectations of financial improvement at Weight Watchers?
- Do you think the stock jump would have been as great had Oprah signed on as a spokesperson but not as an owner and member of the board?