A Georgia firm is speculated as a possible buyer of Hostess Brands assets like Twinkies, Ding Dongs and Wonder Bread.
But industry analysts say Flowers Foods in Thomasville should be wary of any deal as Hostess liquidates. Flowers already makes Nature's Own and other recognizable bakery brands.
William Chappell is from SunTrust Robinson Humphrey. He told The Atlanta Journal-Constitution that Flowers already has a wide enough market presence to gain from the Hostess bankruptcy, without spending money buying any of its brand names.
Tim Ramey in a D.A. Davidson & Co. analyst. He said the future of Hostess brands is uncertain. Items like Twinkies, he added, hit their peak popularity a long time ago and are now in a death spiral.
Flowers executives have not discussed any plans publicly.
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Wednesday, June 19 2013 8:29 AM EDT2013-06-19 12:29:16 GMT
A local couple is happy to hear that members of a morning radio show fired for mocking a former ex-NFL star battling ALS now admit that they went too far.
A local couple is happy to hear that members of a morning radio show fired for mocking a former ex-NFL star battling ALS now admit that they went too far.
Wednesday, June 19 2013 8:13 AM EDT2013-06-19 12:13:25 GMT
The Woodstock Police Department says a police K-9 died after being left in his handler's patrol car.Spartacus, a 3-year-old Belgian Malinois, was found dead in his handler's patrol car. Authorities later
The Woodstock Police Department says a police K-9 died after being left in his handler's patrol car.
Tuesday, June 18 2013 11:38 PM EDT2013-06-19 03:38:42 GMT
The City Council of Chamblee has delayed a controversial land rezoning variance. The Council also issued a preliminary resolution saying that they wanted to fire their own manager.
The City Council of Chamblee has delayed a controversial land rezoning variance. The Council also issued a preliminary resolution saying that they wanted to fire their own manager.
