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The Boston Globe

Business

Twinkies could return by summer

NEW YORK — Hostess is moving ahead with plans to sell its Twinkies brand.

The bankrupt company had picked a $410 million joint offer from Metropoulos & Co. and Apollo Global Management as the ‘‘stalking horse’’ bid to set the floor for an auction. But Hostess Brands says the auction won’t be held because no other qualified bids were submitted for the cakes, which include Ding Dongs and Ho Hos.

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