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

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.
Comments (6)
  • 7footMoose
    , contributor
    Comments (2266) | Send Message
     
    I cannot remember the last time I saw anyone in my family eat any of these brands including Hostess Twinkies, Cupcakes or Ho Ho's.
    6 Jan 2013, 06:24 AM Reply Like
  • kmi
    , contributor
    Comments (4024) | Send Message
     
    I checked when the news first came out if there was any shortage due to demand and there didn't seem to be.

     

    Personally I used to like cupcakes but I refused to eat them regularly and eventually stopped because of the fat/sugar content.... They are basically candy. The bread ops must have different, perhaps higher, value however, especially to someone already already in that business.
    6 Jan 2013, 07:37 AM Reply Like
  • The Patriot
    , contributor
    Comments (323) | Send Message
     
    Cup of good hot coffee and a Suzy Q is mighty good !!
    6 Jan 2013, 10:33 AM Reply Like
  • 7footMoose
    , contributor
    Comments (2266) | Send Message
     
    Can't argue with that>
    6 Jan 2013, 05:37 PM Reply Like
  • RJKRJK
    , contributor
    Comments (131) | Send Message
     
    Let a company go bankrupt, sell the assets, and let the company that buys the assets try and make a go of it. Someone should have thought of this before now. Oh, they did. IT'S CALLED CAPITALISM. Someone ought to tell the people in Washington about this.
    6 Jan 2013, 08:16 PM Reply Like
  • sulli2925
    , contributor
    Comment (1) | Send Message
     
    I think Flowers should let BIMBO buy it, and that way they can add to thier already extensive line of products that are failing. Some of the Hostess Brands were doing ok, but over the last few years they cut back on quality. It seems the only way BIMBO can sell anything is to discount it deeply. The customer gets used to that sale pricing and thats what they come to expect. Isnt that what got Hostess into trouble too? Also in my area BIMBO tried to break their label into my market , and they couldnt sell it labeled Bimbo. Also it has been on sale from day one. So much for buying American. Buy Bimbo instead since the company is based in Mexico.
    7 Jan 2013, 01:39 AM Reply Like
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