Receive Breaking News updates as they occur
JERUSALEM (AP) — Ten years ago, a small group of Palestinian activists had a novel idea: Inspired by the anti-apartheid movement, they called for a global boycott movement against Israel as a nonviolent method to promote the Palestinian struggle for independence.
Hostess Brands LLC, the U.S. bakery company whose snack cake brands include Twinkies and Ding Dongs, has pulled itself from the auction block and will instead pursue an initial public offering (IPO), according to people familiar with the matter. The move underscores the growth prospects of Hostess as well as its quick turnaround. In 2013 the Kansas City, Missouri-based company was picked up from bankruptcy by private equity firm Apollo Global Management LLC and consumer industry investor C. Dean Metropoulos for $410 million.