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Twinkies Maker Hostess Sells in $5.6B Deal
An Iconic Snack-Maker Sells

An Iconic Snack-Maker Sells

JM Smucker picks up a new acquisition, Twinkies maker Hostess, for $5.6B

(Newser) - Hostess, the maker of snack classics like Twinkies and HoHos, is being sold to JM Smucker in a deal worth about $5.6 billion, reports the AP . Smucker, which makes everything from coffee to peanut butter and jelly, will pay $34.25 per share in cash and stock, and it...

Twinkies: Now a Breakfast Food
Twinkies: Now
a Breakfast Food

Twinkies: Now a Breakfast Food

Start your day with 16 grams of sugar

(Newser) - Why have one Twinkie when you could have a bowl full? You can, as of next month. A cereal based on the golden pastry—a collaboration of Hostess and Post Consumer Brands—is set to arrive on grocery store shelves by the end of the year, reports USA Today . The...

Twinkies Savior Gets Sweet Deal for Necco Wafers

New England Confectionery Co. sells for $17.3M

(Newser) - A company that once rescued the Twinkies brand is now taking over the maker of Necco Wafers, reports the AP . The family business of billionaire Dean Metropoulos announced Friday it paid $17.3 million for the New England Confectionery Co., or Necco. It's a surprise ending to a federal...

Holiday Twinkies Recalled
Holiday Twinkies Recalled

Holiday Twinkies Recalled

Hostess issues notice over salmonella scare

(Newser) - Turns out, Twinkies can go bad. Hostess is recalling a holiday-themed version that might still be kicking around kitchen pantries over a salmonella scare, reports Food Safety News . Those who bought Holiday White Peppermint Twinkies with the UPC number 888109111571 should dump them or return them to the store for...

Secret Ingredient That Saved Twinkies Is a Financial One

Private equity creates some of the biggest fortunes of our day

(Newser) - In 2012, the iconic Twinkie nearly went away for good. But in 2013, the snack made its triumphant return . The story of how that came to be illustrates a powerful, if poorly understood, force in the US economy—one that has created "some of the greatest fortunes of the...

Eating Deep-Fried Twinkies Just Got Dangerously Easy

Available in the Walmart freezer section

(Newser) - Americans will no longer have to track down their nearest state fair or risk third-degree oil burns to get their deep-fried Twinkie fix. The AP reports Hostess, in collaboration with Walmart, is launching its own frozen line of Deep Fried Twinkies. The treats come in vanilla and chocolate and need...

America Going Really Bananas for Twinkies

Some stores sold out within hours of Hostess snack's return

(Newser) - Twinkies' near-death experience may have ultimately been a good thing: Hostess Brands says demand for Twinkies and CupCakes is at a record high since the snack cakes returned to shelves just days ago. The Twinkies are a bit smaller than before (38.5 grams per cake, down 4 grams from...

Twinkies Will Return in 3 Weeks

New tag line: 'The sweetest comeback In the history of ever'

(Newser) - Hostess is betting on a sweet comeback for its Twinkies snack cakes when they return to store shelves next month. The company that went bankrupt after an acrimonious fight with its unionized workers last year is back up and running under new owners and a leaner structure. It says it...

Twinkies Should Return to Shelves by Summer

Hostess set to accept $410M offer for its cake brands

(Newser) - Looks like Twinkies have a new owner—and if all goes according to plan, the classic snack could be back in stores within months. Hostess has canceled today's auction for its brands and facilities and will sell them to Apollo Global Management and Metropoulos & Co., investment firms that...

Twinkies' $400M Savior Is Near
 Twinkies' $400M Savior Is Near 

Twinkies' $400M Savior Is Near

Two private equity firms, including owner of Pabst Blue Ribbon, close to deal

(Newser) - Goodbye Hostess Twinkies, hello ... Apollo Twinkies? Or maybe PBR Twinkies? The Wall Street Journal reports that two private-equity companies—Apollo Global Management and C. Dean Metropoulos—are close to a deal worth more than $400 million to buy the brand from bankrupt Hostess. The bid would serve as the one...

Judge OKs Hostess Liquidation Plan

Expect Twinkies brand to be sold

(Newser) - A bankruptcy court judge today approved a request by Hostess Brands to begin winding down its operations. The ruling came after the maker of Twinkies and other snack cakes failed in last-ditch negotiations to end a strike by its second-largest union. Hostess now has the green light to terminate the...

Hostess: Last-Ditch Talks With Union Failed

Twinkies maker plans to liquidate after all

(Newser) - Hostess Brands lived to die another day. The maker of Twinkies and Ding Dongs said late today that it failed to reach an agreement with its second biggest union. As a result, Hostess plans to continue with a hearing tomorrow in which a bankruptcy court judge will decide whether the...

Twinkies Still Alive: Hostess, Union Agree to Talk

Bankruptcy judge tells them to enter mediation

(Newser) - Twinkies won't die that easily after all. Hostess Brands Inc. and its second largest union will go into mediation to try and resolve their differences, meaning the company won't go out of business just yet. The news came today after Hostess moved to liquidate and sell off its...

Hostess Killed by ... Yogurt
 Hostess Killed by ... Yogurt 

Hostess Killed by ... Yogurt

Americans simply stopped eating bakery's products: opinions

(Newser) - Don't blame the death of Hostess on the fight between the company and a labor union—blame it on Americans and their changing appetites. Despite all the talk of Twinkies lately, Hostess "is primarily a bread maker," notes Josh Sanburn in Time . And though Wonder Bread is...

Union: Twinkies Won't Die
 Union: Twinkies Won't Die 

Union: Twinkies Won't Die

Hostess in bankruptcy court today

(Newser) - The union that Hostess blames for its collapse says Twinkies and other iconic snacks will live on. Hostess will present its plan to shut down plants and sell off its business to a bankruptcy judge today, but the chief of the the Bakery, Confectionery, Tobacco Workers, and Grain Millers union...

Want Some Twinkies? That'll Be $1K

Opportunists attempt to price-gouge Hostess snacks

(Newser) - News of Hostess going out of business led to a run on Twinkies and other iconic products from the bakery, which has in turn led to the snack cakes being listed for thousands of dollars on eBay and Craigslist, the AP reports. One unemployed man spent hours collecting 16 boxes...

Twinkies Will Be Saved

 Twinkies Will Be Saved 

Twinkies Will Be Saved

Analysts think the brand is too valuable to disappear

(Newser) - Day one of the post-Twinkie apocalypse brings news of stores selling out, prices soaring on eBay, and people waxing nostalgic all over Facebook, reports ABC News . Which is precisely why Twinkies aren't going away, writes Dan Primack at Fortune . The "brand still has value, and will be acquired....

Bye-Bye, Twinkies: Hostess Is Closing

But assets will be sold at auction, so some products could survive

(Newser) - Sorry, Twinkies fans: Hostess really is shutting its doors. The company threatened to do so yesterday if striking workers did not return by the end of the day. Apparently they didn't, because CNN reports that the Twinkies maker is now asking a federal bankruptcy court for permission to go...

End of Twinkies? Hostess Says Strike May Doom It

Ho Ho's maker threatens to close for good unless workers return

(Newser) - A world without Ho Ho's, Wonder Bread, and Twinkies? Hostess says it may shut down all its operations for good amid a labor strike, reports MSN News . The company, which filed for bankruptcy last year, says it needs striking employees back by the end of business today or the...

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