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Flowers Foods (FLO) confirms it entered a winning $360M stalking horse bid for bankrupt Hostess...

Flowers Foods (FLO) confirms it entered a winning $360M stalking horse bid for bankrupt Hostess Brands. The company adds its $30M bid for Hostess' Beefsteak brand was "topped by another bidder." A bankruptcy court will now review the Hostess Brands bid on March 19. (earlier)
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