Hostess Sells Twinkies Brand to Investment Firms

Hostess said on Tuesday that it had picked a partnership of two investment firms, Apollo Global Management and Metropoulos & Company, as the new owner of its snack cake business, officially concluding the sale of the bankrupt baker’s most prized assets.
Source:http://dealbook.nytimes.com/2013/03/12/hostess-picks-apollo-led-group-as-new-owner-of-twinkies/DealBook» Food & Beverage

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