Leon's Restaurant

Where Customers Feel Like Old Friends

Serving Authentic Italian Food

Possible some good news coming soon from Hostess…
Private equity firm may buy Hostess –

Private equity firm Sun Capital Partners wants to buy bankrupt bakery Hostess Brands Inc., Fortune has learned.

The proposal would be to operate Hostess as a going concern, including reopening the sh

uttered factories and continuing union representation of Hostess workers.

Sun Capital privately expressed interest in acquiring Hostess earlier this year, but the bakery’s creditors chose for an alternate reorganization plan that ultimately failed. Following Friday’s liquidation, Sun reengaged by contacting Hostess advisor Perella Weinberg Partners. It also plans to contact the relevant labor unions.

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