Flowers Bids for Hostess Bread Brands

KANSAS CITY, Mo. — Flowers Foods here has bid to acquire several of the bread brands and baking facilities from Hostess Brands for up to $390 million.

The company said it has offered $355 million for the Wonder, Butternut, Home Pride, Merita and Nature’s Price bread brands, along with 20 bakeries, 38 depots and other assets. That could be increased to $360 million if certain licensing rights are included.

It also bid another $30 million for the Be

Register to view the full article

Already a member? .

TAGS: News
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish