date:Mar 21, 2013
ity of the snack cake business. The sale price was the same as the stalking horse bid announced Jan. 30. The assets include Hostess and Dolly Madison branded products such as Twinkies, Ho Hos, Ding Dongs and Donettes as well as five bakeries and certain equipment.
The acquisition by Flowers Foods, Inc., Thomasville, Ga., which agreed to pay $360 million for the majority of the bread business. The transaction includes brands such as Wonder, 20 bakeries, 38 depots and other assets. Under a stal