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Hostess moves ahead with auction for Drake’s, Northwest bread brands
date:Mar 14, 2013
stalking horse bidder for the Drakes snack cake business with a bid of $27.5 million. Not included in the transaction are any production or other facilities, including the Hostess plant in Wayne, N.J., where Drakes snack cakes were baked.

Meanwhile, Portland, Ore.-based United States Bakery, also known as Franz Family Bakeries, is the stalking horse bidder for several Hostess brands located in the Northwest, including Sweetheart, Eddys, Standish Farms and Grandma Emilies. Under the agreement, U

12/24 03:35