date:Mar 22, 2013
According to FOX Business News, a bankruptcy court judge approved some of the sales announced by Hostess Brands.
The company, obtained permission from U.S. Bankruptcy Judge Robert Drain to complete deals with Apollo Global Management C. Dean Metropoulos Co., Flowers Foods and Mexican bakery Grupo Bimbo, FOX Business News reported.
Apollo and C. Dean Metropoulos are going to pay $410 million for Twinkies, HO HOs, Ding Dongs and other snack cake brands. Dean Metropoulos hopes to have Twinkies b