Twinkies Officially Saved by Billionaire

March 12, 2013 | Samer Kalaf

The possibility of a world without Twinkies has dissolved. People panicked when the pastry giant Hostess declared bankruptcy, but today, Leon Black-owned private equity firm Apollo Global won ownership of the company with a $410 million bid, the only offer placed. Rejoice and celebrate by eating a Twinkie, then feeling a little nauseous.

And for those of you who frantically purchased the “remaining” Twinkies on eBay, sucks to to be you!

(Photo: Divine Harvester/Flickr)