date:Mar 20, 2013
Hostess Brands, Inc. has selected a $30.9 million offer from United States Bakery as the winning bid for the bread brands Sweetheart, Eddys, Standish Farms and Grandma Emilies as well as four bakeries, 14 depots and certain equipment. The final offer represents an increase from the United States Bakerys original stalking horse bid of $28.85 million.
The offer was selected as the highest and best bid at a March 15 auction. The U.S. Bankruptcy Court for the Southern District of New York will need