Apollo Global Management

3 Stories

New Maker of Twinkies Ditches Unions

They're confident they can find non-union workers in hard-hit towns: WSJ

(Newser) - HoHos, Ding Dongs, and, yes, Twinkies are coming back—without the union workers that once produced them. The reborn Hostess Brands LLC intends to cut ties with the Teamsters and the bakers' union, the CEO of Metropoulos & Co., which bought the bankrupt company along with Apollo Global Management, tells... More »

Twinkies Should Return to Shelves by Summer

Hostess set to accept $410M offer for its cake brands

(Newser) - Looks like Twinkies have a new owner—and if all goes according to plan, the classic snack could be back in stores within months. Hostess has canceled today's auction for its brands and facilities and will sell them to Apollo Global Management and Metropoulos & Co., investment firms that... More »

Twinkies' $400M Savior Is Near

Two private equity firms, including owner of Pabst Blue Ribbon, close to deal

(Newser) - Goodbye Hostess Twinkies, hello ... Apollo Twinkies? Or maybe PBR Twinkies? The Wall Street Journal reports that two private-equity companies—Apollo Global Management and C. Dean Metropoulos—are close to a deal worth more than $400 million to buy the brand from bankrupt Hostess. The bid would serve as the one... More »

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