Topic: McKee Foods Corporation
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.
The financial fate of Hostess Brands still appears uncertain, but several companies are eager to step in if the iconic bakery fails, which means Twinkies and Ho Hos could live on.
Hostess Brands is liquidating its business after 82 years, which means some of the most iconic brands of the century may be up for auction. Will Twinkies become a foreign import?