Hostess may be revived by Flowers

11/26/2012 | Wall Street Journal, The

Tastykake maker Flowers Foods is said to be a likely bidder for the assets of Hostess Brands. Though Flowers, the nation's second-largest baker behind Grupo Bimbo, has not publicly announced interest in Hostess, it has renegotiated its lending terms to free up cash for a potential purchase.

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