3/14/2013

Hostess has selected Apollo Global Management and Metropoulos as the new owners of the iconic Twinkie brand. Apollo and Metropoulos entered a partnership and bid $410 million for the brand. Metropoulos CEO and founder Dean Metropoulos said he is looking forward to having the snacks back in stores by summer. Apollo and Metropoulos also made a last-minute bid for the Drake's brand, which is being considered.

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