date:Nov 14, 2014
Private equity owners of Hostess Brands are evaluating plans to sell the company, which is valued at over $1.7bn.
Apollo Global Management and C. Dean Metropoulos who bought Hostess Brands for $410m in 2013 have received inquiries over the potential sale from companies.
Unnamed sources also report that Flowers Foods and Grupo Bimbo are in talks to acquire Hostess' bread brands. These firms have already acquired other parts of the Hostess business last year.
Flowers Foods' acquisition included