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Paula Deen Paid $75 Million By Investor To Sell Her Products

According to TMZ reports:

Paula Deen — like the Phoenix — is rising again … thanks to a $75 MILLION infusion of cash from a Phoenix-based investment company that could put Paula’s wares in the back pocket of airplane seats.

Jahm Najafi clearly thinks the Paula Deen brand is still a marketable commodity, because his company is fronting the cash.

As for Najafi’s plan … we found it extremely interesting that in 2012 he bought SkyMall magazine … which you’ve probably leafed through and then failed to buy anything from inside. So the question — will Paula’s pots and pans end up in the mag?

As you know … Paula was unceremoniously dumped by virtually all of her sponsors after confessing she used the N word to describe a person who robbed the bank she was a teller at in the 80s.

By the way … in addition to SkyMall, Najafi owns the Book of the Month Club and Columbia House.

Good ol’ fashioned American capitalism SMH

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