Apollo Global Management (NYSE:APO) has reportedly joined up with veteran food executive Dean...

Apollo Global Management (NYSE:APO) has reportedly joined up with veteran food executive Dean Metropoulos to potentially bid for Hostess Brands' snacks business. While Apollo has no food interests, Metropoulos has a record of making money for investors after taking on struggling food brands. A possible rival for the snacks ops is Mexico's Grupo Bimbo (OTCPK:GRBMF), which is also interested in Hostess' bread brands.