When it was announced that Hostess (finally) went bankrupt this last November, devastation swept the nation, and yellow sponge cakes flew off shelves like Harry Potter after sighting a snitch.
Devoted Hostess fans (read: Americans) flocked to eBay, only to find blown up prices of their favorite treats.
But today – the depression ends!
Because it has been officially announced that Apollo Management Group and Metropoulous & Company have bought Hostess, and have plans for reviving the brand (and refilling all of those sad, empty shelves where cheater knock-off brands sit).
Read here for the report on PR Newser, telling us why and how the new owners plan to rejuvenate America’s favorite sponge cake and its cakes-in-crime.
But does it really matter? We’re just happy they’re coming back!