Hostess announced that the stalking horse bid submitted by McKee Foods Corporation for the Drake's snack cake brand will be the bid presented for approval to the U.S. Bankruptcy Court as no other qualified bids were received for those assets.
McKee...
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March 15, 2013, 07:48 AM
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Bloomberg reported Hostess Brands won bankruptcy court approval to hold auctions for brands including Wonder Bread, Twinkies and Drake’s.
U.S. Bankruptcy Judge Robert Drain in White Plains, New York, today approved Flowers Foods Inc. (FLO), McKee...
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February 12, 2013, 07:08 AM
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