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

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...