Hostess Brands CEO and Apollo Invest $700M in Company

Hostess Brands acting CEO Dean Metropoulos spoke with FOX Business Network’s (FBN) Stuart Varney about becoming one of the new owners of Hostess brands following a $410 million joint bid from Metropoulos & Co. and Apollo Global Management LLC (NYSE:APO). Metropoulos said, “Apollo and I have put in approximately $700 million dollars to get this business up and running,” and that, “We are quite optimistic given the . . .

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