Flowers Foods (FLO) and Mexico's Grupo Bimbo are reportedly set to be the stalking horse bidders...

|About: Flowers Foods, Inc. (FLO)|By:, SA News Editor

Flowers Foods (FLO) and Mexico's Grupo Bimbo are reportedly set to be the stalking horse bidders for Hostess Brands' bread ops, which the bankrupt company is likely to sell in at least two groups and which could fetch over $350M. Other possible suitors include Wal-Mart (WMT) and Kroger (KR). Wonder Bread, Nature's Pride, Home Pride, Merita and Butternut are among the brands on offer.