date:Jan 30, 2013
r assets. The purchase price consists of $355 million in cash which will be increased to $360 million if certain license rights are included in the sale.
Hostess also has selected Flowers as the stalking horse bidder for the companys Beefsteak bread brand. The purchase price consists of $30 million in cash for the brand.
These agreements once again set a strong value for our businesses and we look forward to conducting an auction process that will further enhance the return for Hostess stakeho