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 Tallevast Road. Hostess CEO Gregory Rayburn appeared on CNBC Wednesday afternoon announcing Hostess would start laying off employees today.
Flowers Foods brands include Tastykake, Nature's Own, Sunbeam, Blue Bird, among others.
Stock of Flowers Foods is trading around
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