Twinkies Should be Back by Summer

Hostess announced, on Monday, that they will be selling their snack cakes to Metropoulos & Co. and Apollo Global Management.

The two companies made a joint bid of four hundred and ten million dollars.

Dean Metropoulos, CEO and founder of Metropoulos & Co., released a statement saying that the company would have "America's favorite snacks back on the shelf by this summer".

Flowers Foods will be purchasing Hostess' bread brands, such as Wonder.

Both deals should be given final approval on March 19.