Hostess, Maker Of Twinkies, To Go Public After Acquisition

03:48

July 05, 2016

Hostess Twinkies sit on a table September 22, 2004 in San Francisco. Interstate Bakeries Corp., the largest U.S. wholesale bakery, maker of Wonder bread and Hostess Twinkies, filed for bankruptcy on Wednesday after struggling with more than $1.3 billion in debt and weak demand for bread products amid the popularity of low-carbohydrate diets. (Justin Sullivan/Getty Images)

Hostess is set to go public, two years after the maker of Twinkies rebounded from bankruptcy. On Tuesday, the company announced it will sell a majority stake to a publicly traded affiliate of the Gores Group investment firm.

Jason Bellini of the Wall Street Journal speaks with Here & Now's Jeremy Hobson about the company's ups and downs, plus some Hostess trivia.

Guest

Jason Bellini, video reporter and senior producer for the Wall Street Journal. He tweets @jasonbellini.

This segment aired on July 5, 2016.