date:Jan 29, 2013
ostess, said at a Jan. 25 hearing that the company was in advanced discussions with a number of parties to be a stalking-horse bidder for the main snack-cake business, which includes the Twinkie and Dolly Madison brands. The companys professionals expect to file papers disclosing the proposed deal in the near term, she said.
In addition to McKee Foods, multiple media outlets have identified C. Dean Metropoulos Co. and Apollo Global Management as possible buyers of Hostess Brands, Inc.s snack c