Texas/New Mexico Stateline | I just thought this was quite telling, one of the companies looking to buy out Hostess said:
Top of the suitor list is C. Dean Metropoulos and Co., a private-equity firm based in Greenwich, Conn., that specializes in purchasing heritage brands, such as Pabst Blue Ribbon beer, Bumble Bee Tuna, Chef Boyardee pasta, and PAM cooking spray and rebooting them.
“Our family would love to purchase these iconic brands. We are actively pursuing this deal," says Daren Metropoulos, a company executive told Bloomberg this week. "We have analyzed this opportunity very carefully for a few years now. Shedding the complications of the unions and old plants makes it even more attractive.” (emphasis mine)
http://www.csmonitor.com/Business/2012/1120/How-Twinkies-could-surv... |
I've got 5..........
