Is Paula Deen readying for a comeback?

Paula Deen could be prepping for a comeback. A newly formed company, Paula Deen Ventures, said it has received an investment of between $75 million and $100 million from Najafi Cos., a private-equity company, according to The Wall Street Journal. The firm is led by Jahm Najafi, owner of BMG Music Service and the Book-of-the-Month Club, who could help Deen resurrect her brand and establish new deals.

Deen saw her business crumble following revelations she used racially charged language. She was dropped from the Food Network, saw her branded products removed from national retailers including Walmart and Target, and had book publishing deals canceled.

Deen told WSJ that the "hundreds of thousands of folks who signed up on Facebook's 'We Support Paula Deen' page," have given her confidence to restart her business. Story