Hostess Brands received first-round bids from Wal-Mart (WMT +0.4%) and Kroger (KR -0.7%) for its...

|About: Wal-Mart Stores, Inc. (WMT)|By:, SA News Editor

Hostess Brands received first-round bids from Wal-Mart (WMT +0.4%) and Kroger (KR -0.7%) for its assets, according to Bloomberg. Earlier reports suggested close to one hundred bids in total were received for the company's arsenal of well-known snack brands.