date:Apr 11, 2013
Sweetheart, Eddys, Standish Farms and Grandma Emilies bread brands, as well as four baking plants and 14 depots.
The sale of Drake's and the bread brands are the culmination of our efforts to sell the company's major assets, said Gregory F. Rayburn, chairman and chief executive officer for Hostess Brands. We now turn our attention to selling remaining miscellaneous assets and completing the liquidation.
Judge Robert Drain, who approved the transactions, previously okayed the $410 million sale