Seeking Alpha

Hostess Brands will sell its snack-cake business to stalking-horse bidders Apollo Global...

Hostess Brands will sell its snack-cake business to stalking-horse bidders Apollo Global Management (APO) and veteran food executive Dean Metropoulos after no other bids were received for the operations by yesterday's deadline, with rumored suitor Groupo Bimbo staying on the sidelines. Apollo and Metropoulos had offered $410M in January for the unit, which includes Twinkies, Cup Cakes and Suzy Q's.
From other sites
Comments (1)
  • Statman99
    , contributor
    Comment (1) | Send Message
     
    Bring back the Suzy Q!!!!!
    23 Jun 2013, 08:49 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs