Embattled celebrity cook Paula Deen is set to launch a comeback, and she’s got a $75 million investment to get her started.
Deen announced this week that she’s starting a new company called Paula Deen Ventures to oversee her restaurants, cookbooks and other projects, The Associated Press reports. Phoenix-based private equity firm Najafi Companies is investing at least $75 million in the company. Steven Nanula, who has worked with Deen for two years, will serve as CEO, according to the AP.
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