date:Jun 01, 2012
into a second wholly-owned subsidiary of Flowers in exchange for a number of shares of Flowers common stock valued at $50 million.
Flowers expects to complete the transaction in its fiscal second quarter and said it will add 3c to 5c to its earnings per share in fiscal 2012, excluding acquisition costs, and 8c to 12c to e.p.s. in fiscal 2013.