Twinkies sale approved by judge
ASSOCIATED PRESS March 19, 2013 10:29AM
Updated: April 21, 2013 6:29AM
NEW YORK — A bankruptcy judge has approved the sale of Twinkies to a pair of investment firms.
Hostess Brands Inc. is selling the spongy yellow cakes, along with other snacks including Ding Dongs and Ho Hos, to Apollo Global Management and Metropoulos & Co. for $410 million.
Metropoulos, which owns Pabst beer, has said it hopes to have the cakes back on shelves by this summer. The judge also approved the sale of Wonder and other breads to Flowers Foods, which makes Tastykakes. AP