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

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.
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