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Hostess turns focus to completing liquidation
date:Apr 11, 2013
of most of Hostess snack cake business to Apollo Global Management, L.L.C. and Metropolous Co., the $360 million sale of most of the companys bread business to Flower Foods, Inc., and the $31 million sale of the Beefsteak bread brand to Grupo Bimbo, S.A.B. de C.V.

The five transactions total approximately $860 million in proceeds.

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