Reese Witherspoon Gets Emotional As She Talks About Selling Her Company For $900 Million: ‘I Just Feel Really Lucky’

etcanada.com:

Reese Witherspoon had to work very hard to sell her production company, Hello Sunshine, for around $900 million earlier this year.

The “Morning Show” actress chats to Gayle King for the latest issue of InStyle, saying of whether it was a number she had to negotiate: “Oh my gosh, yes!

It was two, maybe three months of negotiations on the phone all day. Calls at one o’clock in the morning. I didn’t know a lot about private equity.

I’d never sold a company in my life.” The mag points out that Witherspoon and Hello Sunshine’s CEO Sarah Harden will continue to oversee day-to-day operations and remain significant equity holders despite the sale.