The Hostess plant in Emporia, Kan., reopened after two companies rescued the sweets company’s operations from bankruptcy. Now, Apollo Global Management and Metropoulos & Co. are reducing their holdings in the snack cake side of the business.
The Hostess plant in Emporia, Kan., reopened after two companies rescued the sweets company’s operations from bankruptcy. Now, Apollo Global Management and Metropoulos & Co. are reducing their holdings in the snack cake side of the business. File photo by Jill Toyoshiba jtoyoshiba@kcstar.com
The Hostess plant in Emporia, Kan., reopened after two companies rescued the sweets company’s operations from bankruptcy. Now, Apollo Global Management and Metropoulos & Co. are reducing their holdings in the snack cake side of the business. File photo by Jill Toyoshiba jtoyoshiba@kcstar.com

It’s been a sweet deal for Hostess investors

April 11, 2017 02:55 PM