Paula Deen Bounces Back with a $75 Million Deal
Ready to win back fans, Paula Deen just signed a huge multi-million dollar investment deal with her new company, Paula Deen Ventures.
Ditching her long-standing practice of licensing her image to others, the new deal with Najafi Cos. will help her find new projects and is valued between $75 and $100 million.
Chief Executive Steven Nanula of Deen Ventures told The Wall Street Journal that the company is talking to possible partners, including TV networks.
However, Food Network is not on that list, as they dropped her last June after she admitted to using a racial slur in the past.