Flowers signs purchase agreements for Hostess breads

01/14/2013 | Progressive Grocer

Flowers Foods has signed two purchase agreements to acquire the Wonder, Nature's Pride, Merita, Home Pride, Butternut and Beefsteak bread brands owned by the bankrupt Hostess Brands company in two deals totaling $390 million, including 20 bakeries and 38 depots. If the bankruptcy court approves the bids, an auction will be held.

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