Hostess Brands announced that it has obtained U.S. Bankruptcy Court approval to sell its Drake's snack cake brand as well as four of its northwest regional bread brands in two separate transactions totaling approximately $58.4 million in...
Read Story
April 10, 2013, 07:34 AM
|
Reuters reports that Twinkies, Ding Dongs and Wonder Bread may soon be back in stores after a bankruptcy court judge on Tuesday approved sales of several iconic brands that had been owned by the failed Hostess Brands, Inc. Buyout firms Apollo Global...
Read Story
March 20, 2013, 07:29 AM
|
Hostess announced that the stalking horse bid submitted by McKee Foods Corporation for the Drake's snack cake brand will be the bid presented for approval to the U.S. Bankruptcy Court as no other qualified bids were received for those assets.
McKee...
Read Story
March 15, 2013, 07:48 AM
|
Bloomberg reports Hostess Brands Inc., the bankrupt maker of Wonder bread announced Apollo Global Management and C. Dean Metropoulos & Co. agreed to pay $410 million for the majority of its snack business, including its iconic Twinkies.
In a court...
Read Story
March 13, 2013, 07:09 AM
|
Hostess Brands announced that the stalking horse bid submitted by Flowers Foods, Inc. for the majority of the assets related to the company's bread business, including the Butternut, Home Pride, Merita, Nature's Pride and Wonder brands, will be the...
Read Story
March 01, 2013, 07:27 AM
|
Bloomberg reported Hostess Brands won bankruptcy court approval to hold auctions for brands including Wonder Bread, Twinkies and Drake’s.
U.S. Bankruptcy Judge Robert Drain in White Plains, New York, today approved Flowers Foods Inc. (FLO), McKee...
Read Story
February 12, 2013, 07:08 AM
|
The Bakery and Confectionery Union and Industry International Pension Fund (Bakers Fund) announced today that it has engaged the prominent New York distressed investment banking firm, Gordian Group, LLC, in connection with Hostess Brands' chapter 11...
Read Story
January 21, 2013, 07:51 AM
|