date:Nov 30, 2012
Nov. 16, has been in talks with 110 potential buyers for its brands.
Not only are these buyers serious, but they are expecting to spend substantial sums, said Joshua Scherer of Perella Weinberg Partners.
Although not mentioned by name by Mr. Scherer, companies that have been rumored to be in the mix for Hostess assets include Flowers Foods, Inc.; Grupo Bimbo S.A.B. de C.V.; McKee Foods Corp.; ConAgra Foods, Inc.; Sun Capital Partners, Inc.; C. Dean Metropoulos Co.; and Hurst Capital LLLP.