date:Feb 01, 2013
bust, court-authorized auction process, he said. The ultimate goal will be the same we have had since we began marketing all of our assets to maximize value for all of the company's stakeholders and ensure these great products can be enjoyed by their loyal fans for many years to come.
Hostess Brands previously announced reaching stalking horse agreements to sell the majority of the assets related to its bread business as well as Drakes.
The stalking horse bids have set a floor of more than $8