"We continue to be very engaged in the bidding process," Daren Metropoulos, a principal at the private-equity firm that owns Pabst Brewing Co., said in an e-mail. "We are working diligently to get a deal done ... It would be a tremendous opportunity to resurrect these legendary brands and bring them back to the consumer," Metropoulos said.
Over on Grub Street NY, they conclude that this deal may result in a new hipster food group. But do hipsters really eat Twinkies? Does anyone really eat Twinkies? Seriously, who the hell eats Twinkies????
If nothing else this will place Metropoulos in a strong position in the cheapest-shit-at-the-gas-station category, which I assume is coveted amongst producers of bad beer and worse cakes.