Apollo Global Management, LLC and C. Dean Metropoulos & Co. are nearing a deal to acquire the Twinkie brand and other cakes business from Hostess Brands, Inc. for more than $400 million, said people familiar with the discussions. The deal could be disclosed soon and would serve as the opening bid in a coming bankruptcy-court auction for the assets, which include Dolly Madison and other brands.
End-of-day quote
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|
5-day change | 1st Jan Change | ||
124 USD | +1.22% |
|
+6.27% | +33.06% |
07-16 | US Silica Holdings' Shareholders Approve Buyout by Apollo Global Management Funds | MT |
07-16 | Apollo Global Management Funds to Acquire The Travel Corp.'s Major Brands | MT |
![Consensus](/images/consensus_flch.gif)
EPS Revisions
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
+33.06% | 70.56B | |
+3.61% | 125B | |
+5.75% | 99.94B | |
+20.34% | 73.37B | |
+23.13% | 47.98B | |
+10.99% | 42.62B | |
+26.72% | 38.24B | |
+9.71% | 26.96B | |
+10.17% | 25.38B | |
+11.17% | 20.36B |
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- Apollo, C. Dean Reportedly Nearing Deal To Acquire Hostess’ Brands