date:Feb 28, 2013
company plans to finance the deal through a mix of cash and debt.
In a bankruptcy court filing Monday, Hostess' second largest union objected to the sale of the breads, noting that Flowers Foods has not committed to preserve a single job.
The Bakery, Confectionery, Tobacco Workers and Grain Millers International Union said that while the bid may be optimal for the company's lenders, it provides zero assurances that the rights of workers would be protected.