Private equity firms Apollo GlobalManagement and C. Dean
Metropoulos & Co. purchased Hostess' Twinkies, CupCakes, Ho Hos, and Ding
Dongs brands for $ 410 million. The
purchase includes bakeries and equipment and awaits final approval in the
bankruptcy court. My guess is that these
equity firms are going to try to rebuild the brands by marketing them to those
who pine for the nostalgia that these brands evoke. Now, can I get anyone to revive the Marathonbar (you know, the one that lasts a "long time?"). Yes, I did just age myself. I seem to be doing that quite often lately.
No comments:
Post a Comment