The host has found a new family, most of its bread, including natural wonders, "pride and MeiLiDa.
The bankrupt company butter cream, devil dog and other snack cakes manufacturers said last Friday, it chose the opponent bakery take food company's offer for 3.9 million dollars to buy bread. Flowers food, Thomas Wells, Georgia, the most famous Tastykakes, but also make bread, including the nature itself and pebble mill.
The hostess is in the next few weeks is expected to announce its famous dessert cake buyers. The company says it has received various parties, including the national chain supermarkets and brand name of food packaging manufacturers to own brand equity.
Flowers food was selected as the "Shadowed horse" the highest bidder wins bread brand. This means that still can be a higher bid, final agreement must be approved by the bankruptcy court. The company's hostess bread two separate for a $360 million takeover miracle, the nature of the arrogant, walnuts, pride and MeiLiDa home page, with twenty bakery and and a warehouse. Another $3 billion bid to make steak.
Together, the hostess said, these bread in sales of $100 million last year, and about half of magic bread. Flowers food, produce about 30 billion dollars a year in sales, said, is expected to trade will increase its profits this year. The company plans to through the cash and debt financing transactions mixed.
Host brand company, headquartered in Texas, Owen last November announced that it shut down its business and sales of bread and cookies cake.
The plight of the company after many years of management confusion and turnover, staff said the company did not investment brand. The host in January in less than ten years of the time the second chapter 11 bankruptcy application, reason is its unionised Labour cost. When the company announced that it was shut down, this is a new contract, the strikers were unable to reach an agreement, with about 18500 employees.
The chief executive LeiBoEn Gregory, who was hired last year, to help write a better, said in a statement, the negotiations are still in the party for his own snack cakes and the rest of the bread with. The company emphasizes the bankruptcy court, this will need to act quickly to use in sales show nostalgic prompt its template.



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