Kensington, MD, January 30, 2013 –
In Response to the Announcement of Stalking Horse Bidder Apollo Global Management LLC and C. Dean Metropoulos & Co. for the Majority of Snack Cake Businesses in the Hostess Liquidation, BCTGM International President David B. Durkee Issued the Following Statement on Behalf of all BCTGM Members:
“We share these bidders’ goal of quickly restoring Twinkies®, CupCakes®, Ding Dongs® and Ho Hos®, among others, to shelves across America, and view new, serious ownership as a necessity for building a sustainable model for these brands moving forward. The BCTGM looks forward to the opportunity to work together productively; and is now engaging with bidders who recognize the value that we can bring to an ongoing business.”
Click here for the AP story with full details.