date:Mar 01, 2013
uction, said George E. Deese, Flowers Foods chairman and chief executive officer of Flowers. Now we move forward with the next step, which is the bankruptcy court review. Following that, the transaction will continue through the regulatory process before it can be finalized. We expect it could be several months yet before its finalized.
Hostess will ask the U.S. Bankruptcy Court for the Southern District of New York to approve both transactions at a hearing on March 19.
The proposed sales will