Could Twinkies make a come back?

Robin Humphrey —  Wednesday, January 30, 2013

The indestructible Twinkie appears to be one step closer to a comeback.

Hostess Brands is close to announcing that it has picked two investment firms as the lead bidders for its Twinkies and other snack cakes.

The joint bid would set the floor for an auction process that lets competitors make better offers. A judge would have to approve any final sale.