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Flowers bid moves to next phase

2013-03-01 01:19:46| Agriculture - Topix.net

Flowers Foods Inc. confirmed on Thursday that its stalking horse bid for Hostess Brands Inc.'s Wonder, Nature's Pride, Merita, Home Pride and Butternut bread brands; 20 bakeries; and approximately 38 depots for $360 million was declared the highest and best bid for such assets, eliminating the need for the auction that had been scheduled for ... (more)

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