Advertise | AdChoices

Apollo, Metropoulos near deal for Hostess Twinkies: source

Advertise | AdChoices
By
updated 1/29/2013 12:00:58 PM ET 2013-01-29T17:00:58

NEW YORK (Reuters) - Private equity firms Apollo Global Management LLC and C. Dean Metropoulos & Co are near a deal to buy snack cake brands including Twinkies from bankrupt Hostess Brands Inc, according to a source familiar with the matter.

A deal, part of Hostess's bankruptcy reorganization, is not yet final, said the source, who declined to be identified as the discussions are not public.

Spokesmen for Metropoulos and Apollo were not immediately available to comment. Hostess declined to comment.

(Reporting By Martinne Geller in New York; Editing by Gerald E. McCormick)

(c) Copyright Thomson Reuters 2013. Check for restrictions at: http://about.reuters.com/fulllegal.asp

Discuss:

Discussion comments

“ ”

Expand Collapse
,
Reply

Data: Latest rates in the US

Mortgage rates View rates in your area
Mortgage type Today +/- Chart
30 yr fixed mtg 3.66%
15 yr fixed mtg 2.79%
30 yr fixed jumbo mtg 3.99%
Auto rates View rates in your area
Auto type Today +/- Chart
48 month new car loan 2.45%
36 month used car loan 2.89%
36 month new car loan 2.30%
Home equity rates View rates in your area
Home equity type Today +/- Chart
$30K HELOC FICO 4.99%
$30K home equity loan FICO 6.18%
$75K home equity loan FICO 5.97%
Credit card rates View more rates
Card type Today +/- Last Week
Low Interest Cards 11.01%
11.01%
Cash Back Cards 16.34%
16.34%
Rewards Cards 15.80%
15.80%
Savings rates View rates in your area
Savings type Today +/- Chart
Money market account 0.45%
$10K Money market account 0.46%
6 month CD 0.40%
Advertise | AdChoices
Source: Bankrate.com
Advertise | AdChoices
  1. Jump to text

    NEW YORK (Reuters) - Private equity firms Apollo...

  2. Jump to discussion

    Apollo, Metropoulos near deal for Hostess Twinki...

  3. Jump to data

    See the latest rates around the country

  4. Jump to related

    U.S. business