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  • The dough is in the sale

    February 27, 2013 7:59 PM

    Hostess is a step closer to selling its Wonder Bread brand and its other snack products, including Twinkies. A source says there are no competing offers to a bid by Flowers Foods to buy several brands from Hostess. Flowers is based in Thomasville, Ga. and makes Tastykakes and Nature's Own... more »
  • Hostess sale of Wonder bread nears completion

    February 27, 2013 11:02 AM

    NEW YORK- Wonder bread is one step closer to getting a new owner. A person familiar with the situation who requested anonymity because the auction process is private says there will be no competing offers Thursday to a bid by Flowers Foods to buy several bread brands from Hostess. The... more »
  • Hostess set to announce bidder for Twinkies

    January 29, 2013 11:30 AM

    NEW YORK- The indestructible Twinkie appears to be one step closer to a comeback. Hostess Brands is close to announcing that it has picked two investment firms - C. Dean Metropoulos & Co. and Apollo Global Management - as the lead bidders for its Twinkies and other snack cakes, according... more »
  • Hostess expects to announce bidder for Drake's

    January 25, 2013 4:29 PM

    NEW YORK - Hostess says it expects to unveil a bidder for Drake's snack cakes next week, although the fate of Twinkies is still being negotiated. Drake's cakes, which include Devil Dogs, Funny Bones and Yodels, are among the brands Hostess is selling after announcing in November that it was... more »
  • Hostess to seek approval for executive bonuses

    November 29, 2012 7:55 AM

    NEW YORK - Hostess Brands Inc. plans to ask for a judge's approval Thursday to give its top executives bonuses totaling up to $1.8 million as part of its wind-down plans. The maker of Twinkies, Ding Dongs and Ho Hos says the incentive pay is needed to retain the... more »
  • Judge orders Hostess to mediate with union

    November 19, 2012 2:19 PM

    Twinkies won't die that easily after all. Hostess Brands Inc. and its second largest union will go into mediation to try and resolve their differences, meaning the Irving, Texas-based company won't go out of business just yet. The news came Monday after Hostess moved to liquidate and sell off its... more »
  • Baking War-Trade Secrets

    February 18, 2010 8:28 PM

    A judge in Philadelphia ruled a man who worked for Thomas English Muffins can't go to work for rival Hostess because he knows the secrets behind the famous "nooks and crannies" of the muffin. Bimbo Bakeries USA says former vice president Chris Botticella accessed senstive trade secrets about Thomas English... more »

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