date:Jan 23, 2014
ad, one of two dominant bakery companies in the country, would build on Bimbo's large U.S. acquisitions in recent years and strengthen the Mexican company's position as the top bread maker in North America.
Bimbo has expanded its U.S. footprint in recent years, acquiring Sara Lee Corp's North American bakery business for $959 million in 2010 and buying Hostess Brands Inc's Beefsteak bread brand last year.
Discussions with Bimbo are continuing and there is no guarantee that the two sides will r