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Oprah Winfrey to buy 10 percent stake in Weight Watchers

Shares of Weight Watchers nearly doubled in premarket trading. Winfrey, who for years has struggled publicly with her weight, will also join the board of Weight Watchers as the company reinvents itself to promote healthy lifestyles as well as its weight-loss programs. “I believe in the program so much I decided to invest in the company and partner in its evolution,” Winfrey said in a statement.