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Flowers Foods Signs Agreements to Acquire Certain Hostess Bread Brands and Bakeries
date:Jan 14, 2013
to a court-approved bankruptcy process being initiated by Hostess. If Flowers' stalking horse bids are approved by the bankruptcy court, the bids would then be subject to a competitive auction process to be held several weeks from now. The company would expect to close the transactions shortly following court approval if it is selected as the winning bidder. The transactions also are subject to regulatory clearance.

Flowers Foods has previously stated its interest in acquiring certain Hostess a

12/24 16:57