31 Jan Statement in Response to Announcement of Stalking Horse Bidders for Hostess Snack Cakes
Kensington, MD, January 30, 2013 โ
In Response to the Announcement of Stalking Horse Bidder Apollo Global Management LLC and C. Dean Metropoulos & Co. for the Majority of Snack Cake Businesses in the Hostess Liquidation, BCTGM International President David B. Durkee Issued the Following Statement on Behalf of all BCTGM Members:
โWe share these biddersโ goal of quickly restoring Twinkiesยฎ, CupCakesยฎ, Ding Dongsยฎ and Ho Hosยฎ, among others, to shelves across America, and view new, serious ownership as a necessity for building a sustainable model for these brands moving forward. The BCTGM looks forward to the opportunity to work together productively; and is now engaging with bidders who recognize the value that we can bring to an ongoing business.โ
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Click here forย the AP story with full details.
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