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Spanx founder buys Olivia Newton-John’s ‘Grease’ pants

In this Jan. 27, 2018 file photo, Olivia Newton-John attends the 2018 G'Day USA Los Angeles Gala at the InterContinental Hotel Los Angeles. Two collectors said you're the one that I want to Newton-John's iconic "Grease" leather jacket and skintight pants at an auction in Beverly Hills, Saturday, Nov. 2, 2019. Julien's Auctions says the combined ensemble, which Newton-John's character Sandy wears in the closing number of the 1978 film, fetched $405,700 total. The leather jacket sold for $243,200 and the pants, which Newton-John famously had to be sewn into, went for $162,500. (Photo by Richard Shotwell/Invision/AP, File)
In this Jan. 27, 2018 file photo, Olivia Newton-John attends the 2018 G'Day USA Los Angeles Gala at the InterContinental Hotel Los Angeles. Two collectors said you're the one that I want to Newton-John's iconic "Grease" leather jacket and skintight pants at an auction in Beverly Hills, Saturday, Nov. 2, 2019. Julien's Auctions says the combined ensemble, which Newton-John's character Sandy wears in the closing number of the 1978 film, fetched $405,700 total. The leather jacket sold for $243,200 and the pants, which Newton-John famously had to be sewn into, went for $162,500. (Photo by Richard Shotwell/Invision/AP, File)

By Associated Press 1 min read

NEW YORK (AP) — The founder of Spanx was revealed to be the successful bidder for the skintight satin pants that Olivia Newton-John wore in the movie “Grease.”

Sara Blakely told “CBS This Morning” Tuesday she plans to frame the pants and hang them at Spanx’s headquarters in Atlanta because they inspired the company’s black faux-leather leggings.

Blakely bid $162,500 for the pants, which Newton-John had to be sewn into for the 1978 film.

Blakely says she is huge fan of Newton-John, who sang at Blakely’s wedding.

Newton-John says she’s excited Blakley purchased them.