Apollo, Metropoulos Near Deal For Twinkies

Jan 30 2013 | 2:39pm ET

A pair of private equity firms is set to buy some of Hostess Brands' most iconic snack cakes out of bankruptcy.

Apollo Global Management and Metropoulos & Co. will be named the stalking-horse bidders for the brand yesterday. A deal could be announced at any time.

Among the brands the two firms are to buy are Twinkies, Hostess cupcakes, Dolly Madison bread and Donettes.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of