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Hostess Brands is expected to select Apollo Global Management (APO) as the stalking horse bidder...
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Monday, January 28, 8:00 AM ETHostess Brands is expected to select Apollo Global Management (APO) as the stalking horse bidder for Twinkies, giving the P-E firm the inside track to take down the well-known brand. Earlier in the Hostess bankruptcy process, Flower Foods (FLO) became the lead bidder for Wonder Bread and other bread assets.
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