date:Jul 23, 2013
atory approval pursuant to the Hart-Scott-Rodino Act. Flowers said the final acquisition price was adjusted down by $5 million as a result of a contemplated purchase price adjustment related to the Butternut trademark.
Questions over whether Flowers would encounter regulatory difficulties in its purchase of the Hostess assets were prompted by two factors. First, the most recent major acquisition in U.S. baking the Grupo Bimbo S.A.B. purchase of the fresh baking assets of Sara Lee Corp. led to