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Flowers Foods set to buy Wonder bread: source

Wonder Bread

Flowers Foods Inc (FLO.N) is set to buy Hostess Brands Inc's HTBRS.UL 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.

 

WSJ says Hostess in talks to sell bread brands

Twinkies

A newspaper is reporting that Flowers Foods and Bimbo are emerging as bidders for the bread brands of Hostess, which in the midst of a bankruptcy-court liquidation of its assets.

 

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