Topic: Drake's Cakes
Twinkies, cupcakes, and other Hostess cakes will make a comeback as company cancels auction and sells to buyers it had had picked provisionally. Buyers Metropoulos and Apollo Global Management said Twinkies and other snack cakes would be on store shelves by summer.
Twinkies may be back in business soon. Bankrupt parent company Hostess has agreed to terms with two investment firms, which will buy the Twinkies brand and five bakeries for about $410 million.