Potential buyers line up for Hostess

12/13/2012 | FoodNavigator

Regional, national and international companies are expressing interest in acquiring Hostess Brands, said spokesman Lance Ignon, noting international companies "have expressed interest in licensing the brands overseas." Interested parties had until Dec. 10 to submit bids for all or part of the shuttered company. Euromonitor International analyst Matthew Hudak said the company's iconic brands could do well in countries where "there has been a movement towards pre-packaged foods due to safety concerns."

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