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COLUMBUS, Ind. — The closely watched sale of several dozen Hostess-owned manufacturing plants, its Wonder Bread label and numerous other holdings to Flowers Foods Inc., of Thomasville, Ga., seems to be inching closer to reality.
No competing offers have surfaced in U.S. Bankruptcy Court in White Plains, N.Y., to vie with Flowers' $360 million bid to acquire a big chunk of Hostess Inc.'s holdings. The Georgia company's offer includes taking over the shuttered Dolly Madison plant in Columbus that once employed 200 people making doughnuts, cakes and other sweets until Hostess shut down the operation more than three months ago.
Please read Thursday's Republic for more information.
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