Flowers Foods Inc
featured
The classic Twinkie will hit store shelves nationally by late July, Hostess Brands told NBC News.
» Read MoreMore
-
The classic Twinkie will hit store shelves nationally by late July, Hostess Brands told NBC News.
-
Hostess Brands creditor Silver Point Capital and hedge fund Hurst Capital have expressed interest in buying Hostess's snack cake brands, the New York Post reported.
-
In a bankruptcy auction carried out Thursday at law firm Jones Day, Mexico's baking giant Grupo Bimbo placed the winning bid for Beefsteak, one of Hostess' bread brands, for $31.9 million, according to a person familiar with the matter.
-
With debt cheap and plenty of cash on the books, companies are primed to make deals when they are good and ready.
-
Stocks soared for a second day to finish near session highs Wednesday, with the Dow within less than 100 points of an all-time closing high, boosted by upbeat earnings and economic reports and as Fed Chairman Ben Bernanke reaffirmed his support of the central bank's stimulus policy.
-
Feb 27- Flowers Foods Inc is set to buy Wonder Bread and some other brands owned by Hostess Brands Inc for $360 million, a source familiar with the matter said on Wednesday, giving the No. 2 U.S. baking company a bigger slice of the fast-consolidating bread business.
-
Flowers Foods Inc is set to buy Hostess Brands Inc's bread brands including Wonder bread for $360 million, a source familiar with the matter said on Wednesday, giving the No. 2 U.S. baking company a bigger slice of the fast-consolidating bread business.
-
Feb 27- Flowers Foods Inc is set to buy Hostess Brands Inc's bread brands including Wonder bread for $360 million, a source familiar with the matter said on Wednesday, giving the No. 2 U.S. baking company a bigger slice of the fast-consolidating bread business.
-
Feb 27- Flowers Foods Inc is set to buy Hostess bread brands including Wonder bread for $360 million after no other bidder stepped up to make a competing offer, a source familiar with the matter said on Wednesday.
-
CNBC's Kayla Tausche reports Wonder Bread and other brands won't be auctioned in court on Thursday.
-
Feb 27- Flowers Foods Inc is set to buy Hostess bread brands including Wonder bread for $360 million after no other bidder stepped up to make a competing offer, a source familiar with the matter said on Wednesday.
-
Feb 21- Here are some key events in the history of Flowers Foods, a company that has grown through acquisitions to become the second-largest baking company in the United States. *1919- Flowers Baking Co founded by brothers William Howard Flowers and Joseph Hampton Flowers in Thomasville, Georgia. Flowers Bakery becomes Flowers Industries.
-
Feb 21- From a family bakery to the largest American-owned company in the $30 billion U.S. baking industry, Flowers Foods Inc has risen a long way since it was founded nearly a century ago.
-
NEW YORK, Jan 29- Private equity firms Apollo Global Management LLC and C. Dean Metropoulos& Co are near a deal to buy snack cake brands including Hostess Twinkies and Donettes, two sources familiar with the matter said on Tuesday.
-
NEW YORK, Jan 29- Private equity firms Apollo Global Management LLC and C. Dean Metropoulos& Co are near a deal to buy snack cake brands including Twinkies from bankrupt Hostess Brands Inc, according to a source familiar with the matter. The so-called stalking horse bid would be for more than $400 million, according to the Wall Street Journal.
-
Jan 28- Hostess Brands Inc is close to securing initial bids for its Drake's cake business and four bread operations that could net the bankrupt bakery company more than $50 million, according to a source familiar with the matter.
-
Flowers Foods and Grupo Bimbo are circling Hostess assets, according to sources. As many as six separate, binding bids—so-called "stalking horse" bids—for various Hostess units could be announced by the end of this week, these people said.
