Hostess Stalking Horse Bids at $858 Mln, CEO Says

Jan. 31 (Bloomberg) -- Gregory Rayburn, chief executive officer of Hostess Brands Inc., talks about the bankrupt baker’s decision to choose a joint offer from Apollo Global Management LLC and C. Dean Metropoulos & Co. as the lead bid for Twinkies and other cake brands. Rayburn speaks with Betty Liu on Bloomberg Television’s “In the Loop.” (Source: Bloomberg)