date:Feb 28, 2013
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The $360 million bid by Flowers also includes Nature's Pride, Butternut, Home Pride and Merita breads, along with 20 bakeries and 38 depots. An auction will still be held Thursday for a separate $30 million bid by Flowers for Beefsteak. The source said a competing offer for that brand was submitted by Mexico's Grupo Bimbo, which makes Thomas' English muffins and Entenmann's cakes.
Any sales would be subject to approval by a bankruptcy court on March 19.
Hostess has also picked opening bidde