Hostess Brands to be put up for sale for $1.7bn
date:Nov 14, 2014
20 bakeries, 36 depots, as well as Wonder, Nature's Pride, Merita, Home Pride, and Butternut bread brands, while Grupo Bimbo acquired Beefsteak brand as part of the Hostess Brands bankruptcy proceedings.

Earlier in 2013, Hostess Brands secured US Bankruptcy Court approval to sell its Drake's snack cake brand as well as four of its northwest regional bread brands in separate transactions that are approximately worth $58.4m.

Founded in 1925, Hostess Brands provides bakery products. It offers br
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