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Hostess' Sweet Comeback Runs Into Industry Slowdown
Monday, July 31, 2017 - 12:40pm | 357Read More...Hostess Brands, Inc. (NASDAQ: TWNK), hoping to rediscover the world’s sweet tooth and rekindle a fondness for Twinkies in a more nutrition-conscious era, got a Neutral rating from a UBS analyst on Monday. Analyst Steven Strycula set a $16 price target for the snack makers in initiating...
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Hostess Brands Set To Go Public In The Third Quarter
Tuesday, July 5, 2016 - 10:46am | 251Read More...Hostess Brands, best known for its popular and iconic "Twinkies" snack brand, said on Tuesday it has decided to go public and list its shares on a stock exchange just two years after emerging from bankruptcy. Hostess Brands emerged from bankruptcy in 2013 and streamlined its production through...
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Pep Boys Does Everything for Less (Except Go Private)
Monday, January 30, 2012 - 12:43pm | 371Read More...Auto parts chain Pep Boys (NYSE: PBY) is going to be going private with the investment firm the Gores Group, at a cost of approximately $791 million. According to the Associated Press, the 90-year-old company has been offered $15 per share, a 24 percent premium on Friday's closing price of $12.08...
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Borders in Talks to Sell Half Its Stores
Thursday, June 2, 2011 - 8:27am | 157Read More...Borders, which filed for Chapter 11 bankruptcy in February, may have found a buyer in the Gores Group. The Los Angeles-based private equity firm is reportedly in talks to acquire at least half of remaining Borders stores for around $200 million. While Borders has held talks with other potential...
