You can now read 5 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

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.

Continue reading below

Metropoulos & Co. chief executive Dean Metropoulos said the company was looking forward to having ‘‘America’s favorite snacks back on the shelf by this summer.’’

Hostess had no comment on the lack of competing bids. Chief executive Greg Rayburn had predicted the process would be ‘‘wild and wooly.’’

Hostess had also canceled an auction for its Wonder and other major bread brands after no competing offers were made. Those breads are being sold to Flowers Foods, based in Thomasville, Ga.

McKee Foods was picked as lead bidder for Drake’s cakes. The deadline to submit competing offers is Tuesday.

Loading comments...
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com
Already a subscriber?
Your city. Your stories. Your Globe.
Yours FREE for two weeks.
Enjoy free unlimited access to Globe.com for the next two weeks.
Limited time only - No credit card required!
BostonGlobe.com complimentary digital access has been provided to you, without a subscription, for free starting today and ending in 14 days. After the free trial period, your free BostonGlobe.com digital access will stop immediately unless you sign up for BostonGlobe.com digital subscription. Current print and digital subscribers are not eligible for the free trial.
Thanks & Welcome to Globe.com
You now have unlimited access for the next two weeks.
BostonGlobe.com complimentary digital access has been provided to you, without a subscription, for free starting today and ending in 14 days. After the free trial period, your free BostonGlobe.com digital access will stop immediately unless you sign up for BostonGlobe.com digital subscription. Current print and digital subscribers are not eligible for the free trial.