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How Hostess Was Saved From Bankruptcy By Kat Olvera Sept. 16, 2025 6:00 pm EST

In 2012, well-known snack brand Hostess filed for bankruptcy and liquidation amidst a labor strike. The bankruptcy was meant to be the end of the company and Hostess snacks , but with what could be considered a series of fortunate events, the brand was saved from doom. It turns out that the general public actually loved Hostess, and in the months following the bankruptcy news, Hostess snacks were flying off the shelves at a rate that the company had probably hoped for many years.

As such, Hostess was bought and sold by a few different owners before the company was eventually sold to Gores Holdings by Apollo Global Management and Metropoulos & Co. for $375 million. Gore

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