New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 11, 2013
18:37 EDTFLOFlowers Foods agrees to acquire $360M of Hostess assets
Flowers Foods announced it has signed two asset purchase agreements with Hostess Brands as the "stalking horse bidder" for certain Hostess assets. One of the agreements provides for the purchase by Flowers of the Wonder, Nature's Pride, Merita, Home Pride and Butternut bread brands; 20 bakeries; and approximately 38 depots for a purchase price of $360M. The other agreement provides for the purchase by Flowers of the Beefsteak brand for $30M. Based on the current bid price, Flowers Foods would expect the transactions to be accretive to earnings in 2013. Flowers Foods plans to finance the transactions through a mix of available cash on hand and debt.
News For FLO From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
January 30, 2015
19:02 EDTFLOFlowers Foods issues voluntary recall on Market Basket Original English Muffins
Subscribe for More Information
January 23, 2015
10:02 EDTFLOOn the Fly: Analyst Downgrade Summary
Subscribe for More Information
09:09 EDTFLOFlowers Foods downgraded to Hold from Buy at BB&T
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use