4 Merger and Acquisition Stock Stories to Brighten Up Monday

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Flowers Foods (NYSE:FLO) Current Price $26.71

Late Friday, Flowers signed two asset purchase agreements with Hostess Brands as the “stalking horse bidder” for certain Hostess assets. One accord sets up the acquisition by Flowers of the Merita, Wonder, Nature’s Pride, Home Pride and Butternut bread brands, 20 bakeries, and about 38 depots for the price of $360 million. The other agreement allows the purchase of the Beefsteak brand for $30 million.

flo

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business