Paula Deen's new company lands USD 100m deal
Paula Deen's new company, Paula Deen Ventures has received an investment between 75 million and 100 million dollars from Najafi Cos.
The Arizona-based private-equity company led by Jahm Najafi hopes to help the 67-year-old Southern chef to establish new deals and break away from her current business model, which is based on licensing her celebrity image to others, People magazine reported.
Steven Nanula, chief executive of Deen Ventures told The Wall Street Journal that the company is in talks with possible partners, including TV networks, but the Food Network is not one of them.
Deen was dropped by the Food Network and many of her sponsors recently after she admitted to using a racial slur.
(Posted on 13-02-2014)
Information on States of India:
Andaman Nicobar | Andhra Pradesh | Assam | Bihar | Chandigarh | Chhattisgarh | Dadar Nagar Haveli | Daman Diu | Delhi | Goa | Gujarat | Haryana | Himachal Pradesh | Jammu Kashmir | Jharkhand | Karnataka | Kerala | Lakshadweep | Madhya Pradesh | Maharashtra | Manipur | Meghalaya | Mizoram | Nagaland | Orissa | Pondicherry | Punjab | Rajasthan | Sikkim | Tamil Nadu | Tripura | Uttar Pradesh | Uttaranchal | West Bengal
INDIA REGIONAL MAPS:
Andhra Pradesh Travel Map | Bihar Travel Map | Goa Travel Map | Gujarat Travel Map | Haryana Travel Map | Himachal Pradesh Map | Karnataka Travel Map | Kerala Travel Map | Maharashtra Travel Map | Punjab Travel Map | Rajasthan Travel Map | Sikkim Travel Map | Tamil Nadu Travel Map | Uttar Pradesh Travel Map | West Bengal Travel Map |
MORE MAPS OF INDIA:
INDIA CITY MAPS:
KERALA TRAVEL MAPS: