The New York Post is reporting New Hostess owner plans to take the company public-- "Three years after buying it out of bankruptcy.... Apollo and Metropoulos bought most of the Hostess snack brands out of liquidation for $410 million in 2013 and successfully relaunched products. Last year, they tried to flip the business for $2.3 billion but shelved the sale after failing to get offers." . Instead they now plan to take it public.
Can anyone having working knowledge explain to me why they would take it public and not keep this so called $2.3 business entirely for themselves?
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