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>> HOSTESS BRANDS Latest News

FEB 13, 2013 - Washington Business Journal

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Twinkies closer to return as Hostess bankruptcy bids approved

Hostess Brands Inc. is one step closer to selling off its brands as a U.S. Bankruptcy Court judge approved stalking horse bidders for products including Twinkies, Wonder bread and Drake's, Bloomberg reports. Flowers Foods Inc. was named as the stalking-horse bidder for Hostess' Wonder, Butternut, Home Pride, Merita, Beefsteak and Nature's Pride bread brands, with a bid of $390 million. Apollo Global Management LLC and C. Dean Metropoulos & Co. together are lead bidders for Hostess' snack cake business,…

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