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Celebrity chef Paula Deen may be on the comeback trail. After a a bumpy last year Deen has a new plan on her hands, she was just backed by a private investment firm for at least $75 million. Deen formed a new company, Paula Deen Ventures, backed by private-equity firm Najafi Companies for her comeback that would include, her restaurants, cookbooks, product endorsements and other media deals.
Jahm Najafi, CEO of the Phoenix-based investment company believes the comeback will be a success based on her “loyal fan base.” Deen released a statement, “I know this is the right decision to lead my team, as we continue to share quality products with my fans — whose love and support have built my brands.”
Via Access Hollywood
Photo from PR Photos