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Twinkies Buyer Says Cakes Could Return by Summer

March 13, 2013

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~~~~DailyFinance1 (2)

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Hostess is moving ahead with plans to sell its Twinkies, and one of the new owners says the spongy cream-filled snacks could be back on shelves by summer.

The bankrupt company had earlier picked a $410 million joint offer from Metropoulos & Co. and Apollo Global Management (APO) as the “stalking horse” bid to set the floor for an auction.

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.Click link below for article:

http://www.dailyfinance.com/2013/03/12/hostess-no-bids-twinkies-apollo-metropoulos/

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Hostess To Sell Wonder Bread, Other Bread Business To Flower Foods For $390 Million

January 13, 2013

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Hostess has found a new home for its most popular breads, including the iconic Wonder bread.

The bankrupt maker of Twinkies, Devil Dogs and other snack cakes said late Friday that it selected bids by rival bakery Flower Foods Inc. to buy six of its bread brands for $390 million. Flower Foods, based in Thomasville, Ga., is best known for Tastykakes but also makes breads including Nature’s Own and Cobblestone Mill.

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.Click link below for story, slideshow, and video:

http://www.huffingtonpost.com/2013/01/11/hostess-wonder-bread-sale_n_2460546.html

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