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Let the buying begin. Now that Hostess can officially entertain offers for its well-known brands...

  • Friday, November 30, 2012, 10:02 AM ET
    Let the buying begin. Now that Hostess can officially entertain offers for its well-known brands in the liquidation process, the guessing game is on over which firm will buy what asset. P-E firms are likely to be an active participants, but Grupo Bimbo, Flowers Foods (FLO +1%), Sara Lee (HSH +0.2%), and Kraft (KRFT +0.1%) are also getting bandied around as potential players. The bidding is expected to be fast and furious with the brands freed from painful union contracts and factory outlays, while Hostess CEO Greg Rayburn expects multiple asset sales instead of a single buyer.
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This news story has 6 comments:

  •  
    Grupo Bimbo? What a great name for a company. But I'm guessing they don't sell what it sounds as if they sell. :-)
    30 Nov 2012, 10:12 AM Reply Like
  •  
    Maybe it's under the table!?! lol.
    30 Nov 2012, 12:39 PM Reply Like
  •  
    They're a mexican national congolomte in foods
    3 Dec 2012, 04:56 AM Reply Like
  •  
    Grupo Bimbo ( say "Beembo")- es Mexicana; therefore not what you think when you see "bimbo." Sara Lee, now Hillshire, sold it's fresh bakery products line to Bimbo. Why would it get right back into the business? -Only if it could buy it cheap, which seems unlikely, considering the long list of interested buyers.
    30 Nov 2012, 07:29 PM Reply Like
  •  
    Let an American company buy and show them how it is done Flowers Foods
    30 Nov 2012, 10:07 PM Reply Like
  •  
    I say Flowers Foods will end up with most of it, go Flowers
    30 Nov 2012, 10:07 PM Reply Like
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