Hostess Brands is expected to select Apollo Global Management (APO) as the stalking horse bidder...

|About: Apollo Global Management,... (APO)|By:, SA News Editor

Hostess 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.