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Economy
Hostess sells Wonder Bread and five other brands to Tastykakes
2013-01-14
[DAILYMAIL.CO.UK]
  • Flower Foods has offered $390 million for Wonder Bread, Nature's Pride, Butternut, Home Pride, Merita and Beef Steak
  • It has been selected as the 'stalking horse' bidder, which means higher competing bids can still be made
  • Hostess expected to announce buyers for its famed dessert cakes soon
  • The company announced in November that it was shutting down
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