x

Politics

Metropoulos’ Hostess Brands to Go Public

NEW YORK (AP) — Almost four years after seeking bankruptcy protection under a barrage of labor issues and rapidly changing appetites, the maker of Twinkies and Ding Dongs will take the stage once again as a publicly traded company.

Hostess Brands, which first emerged in 1919, has been shuffled between different owners since it sought Chapter 11 bankruptcy protection for a second time in July 2012.

The latest owners, the Apollo Global Management and Metropoulos & Co., will sell the company for $375 million in cash to Gores Holdings, an acquisition company run by the private equity firm, The Gores Group, the companies said Tuesday.

It was feared by many that the Hostess CupCake, a staple in school lunchboxes for decades, was a fading piece of Americana. Those fears, it appears, were premature.

 

RELATED

ATHENS - A regulation in an omnibus bill will allow repatriated Greeks from Albania and the former Soviet Union to receive full national pensions, Labor and Social Protection Minister Kostis Hatzidakis said during a discussion in Greek Parliament on Tuesday.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

Mission…To Tunisia Part 2 – A TNH Documentary by Clelia Charissis (Video)

The coveted exotic beauty of Tunisia is revealed by the 2nd episode of our Mission…To Tunisia – A TNH Documentary.

AL WAKRAH — Croatia goalkeeper Dominik Livakovic saved three penalty kicks in his team's 3-1 win over Japan in a shootout at the World Cup on Monday, securing a return to the quarterfinals for the runner-up in the 2018 tournament.

NICE — French writer Dominique Lapierre, who was celebrated for his novels about the World War II struggle to liberate Paris and depicting a life of hardship in a Kolkata slum, has died.

MOMBASA — Scientists around the world are warning governments who will be gathering in Montreal this week for the United Nations biodiversity summit to not repeat past mistakes and are urging officials to “avoid trade-offs” between people and conservation needs in a report Monday.

TRIPOLIS - Over 200 projects are included in the Comprehensive Development Plan for the Region of the Peloponnese for 2030, totalling 5.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.