date:Jan 31, 2013
sville, Ga.-based Flowers Foods, Inc. as the stalking horse bidder for the majority of the assets related to Hostess bread business, including the Butternut, Home Pride, Merita, Natures Pride, and Wonder brands. That agreement includes, in addition to the brands, 20 bakeries, 38 depots and other assets. The purchase price consists of $355 million in cash, which will be increased to $360 million if certain license rights are included in the sale.
Hostess also has selected Flowers as the stalking