AP: Hostess strikes deal to sell Wonder, Nature’s Pride breads to Flowers Food for $390 million
"The bankrupt maker of Twinkies, Devil Dogs and other snack cakes said
late Friday that it selected bids by rival bakery Flower Foods Inc. to
buy six of its bread brands for $390 million. Flower Foods, based in
Thomasville, Ga., is best known for Tastykakes but also makes breads
including Nature’s Own and Cobblestone Mill...Hostess is expected to announce buyers for its famed dessert cakes in coming weeks. "
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