Court OKs Auction Of Hostess Brands

Target: Hostess Twinkies and Dolly Madison brands

Price: $410 million

Sponsors: Apollo Global Management LLC, C. Dean Metropoulos & Co.

Seller: Hostess Brands Inc.

Financial Adviser: Perella Weinberg Partners

Hostess Brands Inc., 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, sister news service Reuters reported. The U.S. Bankruptcy Court in White ...

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