A source close to the matter says private equity firms Apollo Global Management and C. Dean Metropoulos & Co are close to finalizing a deal to buy Hostess Brands Inc, which has filed for bankruptcy. Reports said the deal is not yet final, and that Hostess declined to comment on the matter. Spokespeople for the two parties allegedly ready to buy Hostess also could not be reached for comment.
Full Content: Huffington Post
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