Twinkie

26-year old twins to bid on Hostess

19 Nov, 2012

photo_techtwinsHurst Capital, files a letter of intent to acquire the assets of Hostess Brands Inc. with the United States Bankruptcy Court in the Southern District of New York becoming the latest company to step forward to save Twinkies from extinction. Hurst Capital Managing General Partner Austin Hurst in a statement:

Hostess has over the past 80 years created several of the most recognizable and powerful brands in the United States. They have undeniable value and when combined with the other existing assets of the company represent a compelling acquisition opportunity.

Hurst, based in Sarasota, FL,  recognizes the up-hill battle they face of not having the capital individually to acquire the brands and other issues, The Herald-Tribune reports. Says Adrian Hurst:

It’s true, we don’t have any experience in consumer brands. And this would be the biggest deal we’ve ever done.

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