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Rumors swirled that long time friends Juanita Bynum & Matthew Knowles were in a relationship, and now the two are setting the records straight. Knowles responded to media stating that the two are not dating and that their relationship is strictly professional. 

Bynum signed a management contract with Knowles company, Music World Entertainment which includes her newest recording venture “The Diary of Juanita Bynum, ” due in stores June 22.