Hostess Brands Inc. Selects Stalking Horse Bid for Majority of the Assets of Snack Cake Business, Including Iconic Twinkies® Brand
- Apollo Global Management, LLC and Metropoulos & Co. Submit $410 Million Offer
- Agreement Includes Both Hostess® and Dolly Madison® Brands
- Company Requests Court Permission to Conduct Auction to Obtain Highest and Best Offer
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