date:Mar 12, 2013
Hostess creditor Silver Point Capital and private equity firm Hurst Capital may make a move to acquire Hostess Brands, Inc.s snack cake business, according to an article in The New York Post.
According to the Post, Silver Point Capital recently submitted a letter to Hostess bankers expressing interest in buying all or part of the Hostess business, while Hurst Capital has formed a partnership with other private equity firms to make an offer.
Silver Point Capital is a Greenwich, Conn.-based hedg