BREAKING (AND REAL) from @BloombergNews: Owner of Pabst Blue Ribbon "considering bid for Hostess"—
Max Abelson (@maxabelson) November 16, 2012
Bloomberg is reporting tonight that C. Dean Metropoulos & Co., an Irving, Texas private equity firm that owns Pabst Brewing Co., has expressed an interest in purchasing Hostess, which today announced plans to liquidate, eliminating around 18,000 jobs.
Twinkies and beer? Sounds good — financially speaking, that is.
Pabst could buy Hostess? Somebody say PBR Twinkies?