date:Mar 01, 2013
The auction had been scheduled for the morning of Feb. 28.
This transaction now moves to the next phase, which is a review and approval of Flowers bid by the bankruptcy court overseeing Hostess bankruptcy case at a hearing scheduled for March 19, Flowers said.
In the case of its Beefsteak bid, Flowers chose not to increase its bid from $30 million after Bimbo Bakeries bid $31.9 million.
We are pleased Flowers won the bid for Hostess primary bread brands and bakeries without the need for an a