date:Jan 24, 2013
taurant chains, in 2010, and was among the suitors for Ralcorp Holdings, Inc. in 2011 prior to ConAgra Foods acquiring the company. As of June 30, 2012, the company had total assets under management of $105 billion.
Earlier this month Hostess announced that Flowers Foods, Inc. is the stalking horse bidder for most of the assets of its bread operations. The Thomasville, Ga.-based company also has agreed to serve as the stalking horse bidder for the companys Beefsteak bread brand.
Hostess is exp