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Twinkies and Ho-Hos get a new home

Hostess Brands, makers of Twinkies and Ho-Hos, has just agreed to sell a majority stake in the company to Gores Group, a publicly traded company, for $725 million. Hostess emerged from bankruptcy three years ago and with this acquisition will breathe new life into the 40-year-old Twinkie.  Read more in the New York Times. 

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Hostess Brands, makers of Twinkies and Ho-Hos, has just agreed to sell a majority stake in the company to Gores Group, a publicly traded company, for $725 million. Hostess emerged from bankruptcy three years ago and with this acquisition will breathe new life into the 40-year-old Twinkie. 

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Read more in the New York Times

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About the author

Elizabeth Segran, Ph.D., is a senior staff writer at Fast Company. She lives in Cambridge, Massachusetts

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