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Flowers Foods' Bid For Certain Hostess Bread Brands And Bakeries Moves To Next Phase

2013-03-08 00:46:22| dairynetwork News Articles

Flowers Foods, Inc. (NYSE:FLO) today confirmed that its stalking horse bid for Hostess Brands, Inc.'sWonder,Nature's Pride,Merita,Home Pride, andButternutbread brands; 20 bakeries; and approximately 38 depots for$360 millionwas declared the highest and best bid for such assets, eliminating the need for the auction that had been scheduled forFebruary 28

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