3/12/2013 03:51:00 PM

Twinkies Brand Sold, Product Could Be Back on Shelves By Summer

At last, the fate of the beloved Twinkie has seemingly been decided. After facing bankruptcy and liquidation late last year, Hostess Brands is selling Twinkies after receiving a $410 Mil. offer from Metropoulos & Co. and Apollo Global Management. The new owners say that the iconic snack cake could be back on shelves as early as summer, according to a statement. An auction was not held as Hostess stated this was the only "qualified" bid they received for the cakes that includes Ding Dongs and Ho Hos. Read more about this here. [AP]

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