The much-anticipated sale of several dozen Hostess-owned manufacturing plants, the Wonder Bread brand and other holdings to Flowers Foods will go before U.S. Bankruptcy Judge Robert Drain in White Plains, N.Y., on March 19.
Flowers of Thomasville, Ga., bid a total of $360 million for those assets, which include taking over the now-closed Dolly Madison plant in Columbus.
That facility once employed 200 people making doughnuts, cakes and other sweets for regional distribution.
No auction was necessary in connection with the $360 million proposal because no other competitors surfaced to try to best what Flowers had offered.
Find more details in Friday's Republic.
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