Twinkies Making A Comeback?
Could the Twinkie be making a comeback? A source close to a potential deal between Hostess brands and two investment firms says yes.
FOX News Radio’s Jeff Monosso reports:
Two companies, C. Dean Metropoulos and Apollo Global Management are reportedly close to a deal with Hostess brands to buy the indestructible Twinkie and other snack cakes in a sale that we’re told is worth close to $400 million. A judge would have to approve it.
Hostess filed for bankruptcy last fall after years of turmoil with the company’s unions.
Meantime, other Hostess brands like Wonder Bread have already been sold off and are making their way back to store shelves.
Jeff Monosso, FOX News Radio.