Private Equity Team Offers Hostess $400M For Twinkies Brand

By Maria Chutchian ( January 29, 2013, 9:00 PM EST) -- Hostess Brands Inc. has reached a deal that will allow private equity firms Apollo Global Management LLC and C. Dean Metropoulos & Co. to make the first bid for its iconic Twinkies and other snack cake brands for $400 million, according to Tuesday news reports....

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