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Paula Deen inks business deal worth $75 to $100 million
today.com ^ | 2/14/2014 | Danika Fears

Posted on 02/15/2014 7:04:05 PM PST by RoosterRedux

The queen of Southern cuisine is making a comeback — and this time she's all business.

Paula Deen's newly formed company, Paula Deen Ventures, has secured between $75 million and $100 million of funding from private equity firm Najafi Cos, which is led by Book-of-the-Month Club owner Jahm Najafi. This latest enterprise will entail the restructuring of the chef's many brands, which include Paula Deen Foods, Paula Deen Restaurants, and Paula Deen Media.

“We know that the enterprise will be successful and valuable, as Paula and her team continue to bring quality products and experiences to her loyal fan base; and now we have a proven management team in place to build and lead the organization,” Najafi said in a statement.

New business deals are already on the horizon: The company is discussing possible partnerships with TV networks, retail chains and other partners, according to Paula Deen Ventures' chief executive Steven Nanula. The Food Network, which announced it would not renew Deen's contract last June, is not on that list.

This new company was formed less than a year after Deen, 67, found herself embroiled in scandal when she admitted to using the "n"-word and planning a "plantation-style Southern wedding" during a court deposition that went public last May. In the wake of those revelations, the TV chef lost at least 12 business deals, with companies like Walgreens, J.C. Penney and Smithfield Foods terminating her contracts.

(Excerpt) Read more at today.com ...


TOPICS: News/Current Events
KEYWORDS: pauladeen
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1 posted on 02/15/2014 7:04:05 PM PST by RoosterRedux
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To: RoosterRedux
Go Paula. The food in your restaurant is so rich it made me ill, but I like your style.

As an aside, I ate at her restaurant in Savannah on a Sunday and it was buffet only. The food was mediocre at best (but I know Southern food).

But that said, I think she's a keeper.

2 posted on 02/15/2014 7:07:14 PM PST by RoosterRedux (The only true wisdom is in knowing you know nothing -- Socrates)
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To: RoosterRedux

Good for her. I want to see race baiters’ heads exploding....


3 posted on 02/15/2014 7:08:23 PM PST by clintonh8r (Don't twerk me, Broi)
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To: RoosterRedux

At the mention of her name, Al Sharpton and Jesse Jackwagon are barfing up nails at the mention of her name.


4 posted on 02/15/2014 7:08:31 PM PST by RoosterRedux (The only true wisdom is in knowing you know nothing -- Socrates)
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To: RoosterRedux

Have never watched her shows; doubt I ever will. But good for her. If every white person in this country that had EVER used the “N” word lost their job, where would the government get it’s tax money from? Tired of the old double standard; I can’t use the word, but blacks can toss it around like pizza dough. Screw all the PC crap.


5 posted on 02/15/2014 7:08:47 PM PST by rustyboots
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To: rustyboots

She’s actually a pretty good TV cook. Cute and entertaining.


6 posted on 02/15/2014 7:10:55 PM PST by RoosterRedux (The only true wisdom is in knowing you know nothing -- Socrates)
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To: RoosterRedux
Word was the real reason she found herself embroiled in the whole kerfuffle was that she had referred to the first caboose as a chowhound who even kept eating during the commercial breaks when she appeared on Paula's show.

That didn't fit any better with the whole 'keep fit America' bit any better than Twiggy's jeans would have fit.

7 posted on 02/15/2014 7:11:57 PM PST by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
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To: clintonh8r; RoosterRedux
Payula Deen is a retched human being. I bet her connections to Obama and Michelle Obama got her this new deal.

I love how many Freepers talk about how Democrats are racist, then when a diehard leftist is outed as a racist, they rush to defend them.

8 posted on 02/15/2014 7:12:52 PM PST by nickcarraway
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To: RoosterRedux

I can go with cute. But having never seen the show, I will concede entertaining. Just a lot of PC BS about something a long time ago.
I have to wonder when KFC will be run out of business for selling friend chicken? OOPS!!! My bad; friend chicken is so racist.


9 posted on 02/15/2014 7:14:37 PM PST by rustyboots
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To: rustyboots
Tired of the old double standard

Sounds like you have your own double standards. Democrats like Paula Deen get off the hook, while conservatives lose everything. And I reject your argument that most white people are racist.

10 posted on 02/15/2014 7:15:14 PM PST by nickcarraway
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To: nickcarraway
You need to get rid of the bile overflow before it kills you.

Who cares who Paula votes for. She's an idiot in the world of politics...she's a cook and restauranteur for God's sake.

And she did tell the truth about the First Beard loving to eat fatty foods.

11 posted on 02/15/2014 7:18:19 PM PST by RoosterRedux (The only true wisdom is in knowing you know nothing -- Socrates)
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To: clintonh8r

Bingo.


12 posted on 02/15/2014 7:18:22 PM PST by Fungi
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To: RoosterRedux

Southern white libtard.
No thanks.


13 posted on 02/15/2014 7:19:18 PM PST by onyx (Please Support Free Republic - Donate Monthly! If you want on Sarah Palin's Ping List, Let Me know!)
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To: nickcarraway
White people are the least racist people on the planet.

Too bad the rest of humanity isn't.

14 posted on 02/15/2014 7:19:54 PM PST by RoosterRedux (The only true wisdom is in knowing you know nothing -- Socrates)
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To: nickcarraway

She’s a racist?


15 posted on 02/15/2014 7:20:42 PM PST by Kirkwood (Zombie Hunter)
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To: nickcarraway
Caraway seeds may be hazardous to your health.
16 posted on 02/15/2014 7:21:08 PM PST by Fungi
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To: RoosterRedux

So all white people are good and nonwhite people are bad?


17 posted on 02/15/2014 7:22:44 PM PST by nickcarraway
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To: nickcarraway

She was unjustly driven out of business by race baiters and their corporate media lackeys. Maybe this episode has taught her who she should or shouldn’t be supporting in the future.


18 posted on 02/15/2014 7:23:14 PM PST by clintonh8r (Don't twerk me, Broi)
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To: RoosterRedux

maybe she should get rid of the bile. She’s the one who treats people like some scum. The woman she was sued by was WHITE, not black.


19 posted on 02/15/2014 7:24:41 PM PST by nickcarraway
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To: onyx
Is it the Southern white or just the libtard that is the problem.;-)

I am Southern and White and spent my career in NYC (on Wall St). I was amazed at how much hatred there was toward Southerners.

My mother started the Head Start program in my hometown and was subjected to incredible vitriol by both Blacks and Whites (though many of her kids are now part of productive society).

Hatred is a human fault (perhaps demonic is a better term for it)...it knows no racial or geographic boundaries.

20 posted on 02/15/2014 7:27:17 PM PST by RoosterRedux (The only true wisdom is in knowing you know nothing -- Socrates)
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