date:Jul 23, 2013
n an unsuccessful bid to stop Flowers acquisition of Sara Lee assets in a transaction approved with the Department of Justice in October 2012. The ruling left uncertain whether Flowers would be allowed to keep all Hostess assets acquired in connection with the California market.
In its July 22 announcement, Flowers said the Hostess acquisition would strengthen its position as the nations second largest baking company by adding brands and bakeries that will enhance the companys ability to steadi