Judge Approves Hostess Snack Food Sales

Transcript

STEVE INSKEEP, HOST:

And today's last word in business is: Twinkies.

It's the story that never gets stale. See what I did there, Renee, stale?

RENEE MONTAGNE, HOST:

I - a little pun.

INSKEEP: The saga of Hostess and its invincible snack foods is entering another chapter.

MONTAGNE: Yesterday, a bankruptcy judge approved the sale of the company's famous treat. Twinkies, Ho Hos and Ding Dongs will go to a pair of private equity firms. Wonder Bread will be sold to snack food maker Flowers Food.

INSKEEP: The Beefsteak brand of bread will go to the Mexican-own bread company Grupo Bimbo, which also owns Thomas' English Muffins and Entenmann's. The Hostess, Bakers Union says it plans to work with the new owners in restarting facilities and getting the products back in the stores. In the meantime, you can still buy Twinkies on eBay.

And that's the business news on MORNING EDITION from NPR News. I'm Steve Inskeep.

MONTAGNE: And I'm trying to figure out why that's so funny, but it is.

(LAUGHTER)

MONTAGNE: Renee Montagne.

(SOUNDBITE OF MUSIC) Transcript provided by NPR, Copyright NPR.