Reuters – Hostess Cleared to Auction off Twinkie Brand

Hostess Brands, the bankrupt maker of Twinkies snack cakes, received court permission on Monday to proceed with auctions for several of its brands, including Twinkies and Wonder Bread, writes Reuters. Private equity firms Apollo Global Management and C. Dean Metropoulos & Co have set a baseline offer of $410 million to buy the company’s snack cake brands, Hostess said last month.

PEHUB Community

Join the 12505 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget