Wall Street - Hostess Brands Inc. is nearing a deal to sell its Twinkie brand and other cakes to private-equity firms Apollo Global Management LLC APO +0.05% and C. Dean Metropoulos & Co. for more than $400 million, said people familiar with the discussions. The deal could be disclosed as soon as Tuesday and would serve as the opening bid in a coming bankruptcy-court auction for the assets, which include Dolly Madison and other brands. Apollo, the giant buyout shop co-founded by Leon Black, and Metropoulos, owner of the Pabst Blue Ribbon beer brand, have been looking to partner on a deal for some time. They emerged as the front-runners to snap up Hostess's cake brands and negotiations between them and the company picked up steam in recent days, leading to the expected deal, people familiar with discussions said.
Hot Diggity Dogg!!! MURICA! Does it get anymore American than Pabst Blue Ribbon buying Twinkie??? I had the biggest boner/heart attack combo after hearing this news. I haven't been this excited since the first time I got a blowee. Seriously if this doesn't prove we are the most powerful country in the world nothing does. Two All American studs going head to head and joining forces to create a Jadaveon Clowney-esque MONSTER. Similar to when the Power Rangers morph into MegaZord. This shit is so fucking awesome America's infrastructure will no longer need to bail out banks and shit. This is gonna make a lot of people happy. I only got four 10 packs of twinkies left. I was startin to sweat like a whore in church. "Long Live the King".
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