Hostess Sale to Flowers Foods near Completion

Story Comments Share

Updated: 2/28/2013 10:01 am Published: 2/27/2013 4:52 pm

Wonder bread is one step closer to getting a new owner.
Reports show there are no competing offers to a bid by Flowers Foods to buy several bread brands from Hostess. The $360 million bid by Flowers also includes Nature's Pride, Butternut, Home Pride and Merita breads.

The deal must still be approved by a bankruptcy judge.
Flowers Foods, based in Thomasville, Ga., makes Tastykakes and bread brands including Nature's Own and Cobblestone Mill.

Hostess will hold separate auctions for its snack cakes, which include Twinkies. Hostess said late last year it would go out of business.

Story Comments Share

0 Comment(s)
Comments: Show | Hide

Here are the most recent story comments.View All

The views expressed here do not necessarily represent those of KOKI FOX23 - Tulsa

No comments yet!
FOX23 Weather Center
Feels Like: 36°
High: 73° | Low: 36°
Top Stories
Inergize Digital This site is hosted and managed by Inergize Digital.
Mobile advertising for this site is available on Local Ad Buy.