March 19th, 2013
01:45 PM ET
A bankruptcy judge has given final approval for the sale of Twinkies, Wonder Bread and many of Hostess Brands' other assets, clearing the way for the iconic products to return to shelves. Hostess snacks - including Twinkies, Ho Hos, Ding Dongs and Zingers - were sold for $410 million to a joint venture of private equity firms Apollo Global Management and Metropoulos & Co. They expect to return the product to store shelves this summer. Read - Judge approves sales of Twinkies, Wonder Bread Previously: |
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Let us hope that the new owners and employees form several unions, so they can enjoy the same success that Hostess did.