date:Mar 14, 2013
bidder for the assets related to the Hostess Beefsteak bread business. Grupo Bimbo agreed to pay $31.9 million for the Beefsteak assets. The court also will consider approval of these brands at the same March 19 hearing for the Hostess and Dolly Madison brands.
Hostess Brands also announced its will conduct an auction for its Drake's snack cake business and Sweetheart, Standish Farms, Grandma Emilie's and Eddy's bread businesses on March 15. The combined stalking horse bids for those assets tot