The maker of Twinkies is going public

Hostess Brands LLC, the maker of Twinkies, has entered into a deal with Gores Holdings Inc. to go public.
Hostess is expected to have an initial enterprise value of about $2.3 billion, the companies said in a statement on Tuesday.
The transaction will be funded by $375 million in cash held in Gores' trust account and a $350 million placement by institutional investors led by Alec Gores, the holding company's CEO, the companies said.
Funds managed by affiliates of Apollo Global Management LLC and