McKee foods has annual revenues of just over $1b and currently employs over 6000. They are a private company and do not have any unionized facilities (headquartered in TN) as their production facilities are in RTW states.
They absolutely have the cash on-hand and the production capacity to absorb Hostess - they would likely utilize their existing distribution set-up (which differs quite a bit from the Hostess model). Selling an established “high-end” brand beside their value-focused brands would be a genius model and has the potential to pay huge dividends.
Too bad we can’t buy stock.