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Apollo, Metropoulos near deal for Hostess Twinkies: sources

Private equity firms Apollo Global Management LLC and C. Dean Metropoulos & Co are near a deal to buy snack cake brands including Hostess Twinkies and Donettes, two sources familiar with the matter said on Tuesday.

 

Firms bidding for Twinkies brands

Twinkies

One of the best-known US snack food brands may survive as its bankrupt owner reveals it is in talks with 110 potential buyers.

 

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