date:Feb 28, 2013
A person familiar with the situation says a bid by Flowers Foods to buy Wonder and several other bread brands from bankrupt Hostess was met with no qualifying competing offers. The individual requested anonymity because the auction process is private.
Hostess hasn't been making any of its cakes and breads since late November, when the company announced it was going out of business and closed its plants following years of financial struggles. The shuttering included the loss of about 18,000 jobs