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Hostess to sell breads to Flower Foods for $390M

The host said Friday that it has a sales is the most important the bread business, including the miracle and natural pride, take food company for 3.9 million dollar deal.
The agreement also includes twenty bakery and and a warehouse.
The hostess, headquartered in Texas Owen, announced on November, shut down its business and sales of bread and cookies cake. Is expected to be in the next few weeks are sales of butter cream, butyl a hole and other brands of snack cakes.
Flowers of food processing, including $36 billion miracle, the nature of the arrogant, walnuts, of the first page of "pride and MeiLiDa brand, as the bakery and warehouse. Steak bread sales is being made $30 million, in a separate agreement.
Was selected as the "followed" the highest bidder wins bread brand, as part of the bankruptcy procedure, ma flower food. This means that still can be a higher bid, final agreement must be approved by the bankruptcy court.
Flowers food Thomas Wells, Georgia, headquartered in, has the brand as a wife Freshley and Tastykake, etc. It's bread, including natural and pebble mill.
The hostess died many years of management confusion and turnover.
Host CEO Gregory LeiBoEn, be employed as an upturn in the experts last year said in a statement, the company is still in negotiations with the parties interested in buying their own snacks cake business and the rest with bread.



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