Twinkies-Wonder Bread sale approved - WRBL

Twinkies-Wonder Bread sale approved

Posted: Updated:
U.S. -
New York bankruptcy judge has cleared the way for the sale of Twinkies, Wonder Bread and Hostess Brands' other assets.
 
A joint venture of private equity firms bought Hostess snacks, including Twinkies, Ho-Hos, Ding Dongs and Zingers for $410 million. The products should be back on store shelves this summer.
 
Flower Foods purchased Wonder Bread and most of Hostess' other bread brands for $360 million.   There's no word yet on when those breads might be back in stores.   Hostess went out of business during a strike by members of its bakers union.
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