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Flower Foods (FLO) has agreed to become the "stalking horse" bidder for most of the assets of...

Flower Foods (FLO) has agreed to become the "stalking horse" bidder for most of the assets of Hostess Brands' bread operations. Flower has offered up to $360M for names such as Wonder, Butternut and Home Pride, as well as 20 bakeries and 38 depots. In a separate bid, the company has offered $30M for Hostess' Beefsteak bread brand. (PR)
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