Pauls Valley, OK, Pauls Valley Democrat

Community News Network

June 24, 2013

Hostess Twinkies return to store shelves next month

Hostess Twinkies are returning to store shelves after a brief stopover in bankruptcy.

New owners have taken over Hostess and say they will have Twinkies and other snack products back on store shelves by July 15.

In March, bankrupt Hostess Brands Inc. agreed to sell the snack cake brands to Apollo Global Management, which had offered $410 million and the deal was approved by the bankruptcy court, putting a merciful end to the panic that had overtaken Twinkies groupies.

"A lot of impostor products have come to the market while Hostess has been off the shelves," said Daren Metropoulos, a principal of the investment firm Metropoulos & Co., which teamed up with Apollo Global Management to buy a variety of Hostess snacks.

Among the impostors was Safeway which in February introduced a Twinkies wannabe product.  “It looks like a Twinkie. It tastes like a Twinkie. But this is no dream,” Safeway burbled on its Facebook page“Snack Artist's delicious snack cakes are real.” 

Hostess shut down late last year after a long-running labor dispute. 

Story provided by ConsumerAffairs.

1
Text Only
Community News Network
Business Marquee

e-Edition
  • How You Want It When You Want It Today's Pauls Valley Democrat

    Now you can view and download the Democrat right to your desktop on the day the paper is published. Click here to get more information on the Democrat's e-Edition.

     

    CLICK HERE TO ACCESS THE E-EDITION SITE

     

    ATTENTION CURRENT DEMOCRAT SUBSCRIBERS TO START an e-EDITION

    e-mail request to sjohnson@pvdemocrat.com

    April 20, 2011 1 Photo 1 Link

AP Video
Raw: Air Algerie Flight 5017 Wreckage Virginia Governor Tours Tornado Aftermath Judge Faces Heat Over Offer to Help Migrant Kids Kerry: No Deal Yet on 7-Day Gaza Truce Kangaroo Goes Missing in Oklahoma More M17 Bodies Return, Sanctions on Russia Grow Gaza Residents Mourn Dead Amid Airstrikes Raw: Deadly Tornado Hits Virginia Campground Ohio State Marching Band Chief Fired After Probe Raw: Big Rig Stuck in Illinois Swamp Cumberbatch Brings 'Penguins' to Comic-Con Raw: Air Algerie Crash Site in Mali Power to Be Restored After Wash. Wildfire Crashed Air Algerie Plane Found in Mali Israel Mulls Ceasefire Amid Gaza Offensive In Case of Fire, Oxygen Masks for Pets Mobile App Gives Tour of Battle of Atlanta Sites
Stocks
Facebook