Hostess Bankruptcy: Flower Foods Has Chance To Save Twinkies, Snack Company

While news of two young Sarasota investors created a media frenzy about their court filing to save Twinkies this week, a big-named baker with a southern Manatee County location is reportedly in the mix.
Thomasville, Georgia-based Flowers Foods Inc., is going through lending renogations to set itself up for a bid to buy the Hostess and Twinkies brands, The Wall Street Journal reports.
Flowers Foods maintains a bakery plant plus a store by U.S. 301 and 63rd Avenue—not too far away from the Merita Discount Bakery Store that serves as a Hostess/Wonder bread outlet on Televast Road. Hostess CEO Gregory Rayburn appeared on CNBC Wendnesday afternoon announcing Hostess would stay laying off employees today.
Flowers Foods brands inclue Tastykake, Nature's Own, Sunbeam, Blue Bird, among others.
Stock of Flowers Foods is trading around $23

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