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Hostess Looking Like A Sweet Deal At Current Valuation
Wednesday, February 15, 2017 - 3:20pm | 319Hostess Brands, Inc. (NASDAQ: TWNK) offers consumers a tasty treat and investors a compelling investment thesis with a 24 percent potential upside. Rob Dickerson of Deutsche Bank initiated coverage of the U.S. food sector on Wednesday and slapped Hostess Brands with a Buy rating and $84 price...
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Comeback Story Of The Year? SunTrust Initiates Hostess At Buy On First Day Of Trading
Monday, November 7, 2016 - 1:03pm | 370Just four years ago, Hostess Brands Inc. (NASDAQ:TWNK) was in a dire situation. Fans rushed to stock up on Twinkies thinking they would no longer be around for much longer following the company's Chapter 7 bankruptcy filing. The 86-year-old brand was eventually bought out of liquidation and...
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Report: Twinkie Titan Hostess Brands On The Block For $2 Billion
Friday, April 24, 2015 - 10:21am | 141Hostess Brands LLC is for sale at $2 billion but potential buyers are balking, according to a report in the New York Post. Apollo Global Management and billionaire C. Dean Metropoulos have put the maker of Twinkies on the block just two years after acquiring the company for $410 million out of...
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Report: Hostess Brands Could Soon Hit Block For $1.5 Billion
Wednesday, November 12, 2014 - 12:59pm | 178Hostess brands could soon be up for sale a year after a pair of private equity investors acquired the cake-maker out of bankruptcy last year for $410,000. Apollo Global Management and C. Dean Metropoulos are preparing to ask $1.5 billion for the Irving, Texas-based purveyor of Twinkies and...
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Shareholders of This Company Have Benefited from Hostess' Bankruptcy
Wednesday, November 21, 2012 - 11:13am | 381With mediation failing, it appears that Hostess' bankruptcy will proceed and lead to a Chapter 7 liquidation. While it's unknown who will acquire the assets in bankruptcy, consumers can rest assured that soon fresh Twinkies will appear back on the store shelves. As the frantic stockpiling and eBay...