Twinkies are back! Legendary cake set to return to shelves in coming months but under new ownership

•Hostess Brands Inc. said in bankruptcy court on Friday that it is narrowing down the bids it received for its brands
•Expects to sell off Twinkies and other snack cakes to separate buyers to its bread products
Twinkie fans can breathe a sigh of relief as its owners Hostess Brands Inc. revealed the iconic cake is likely to return to shelves in the coming months.

The company's other products, including Wonder Bread and Devil Dogs, are also set to return to market but probably not under the same owners as Twinkies.

Hostess said in bankruptcy court on Friday that it is narrowing down the bids it received for its brands and expects to sell off its snack cakes and bread to separate buyers.
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