Flowers In Talks With Hostess and 3 Stocks Riding 52-Week Highs
Flowers Foods (NYSE:FLO): Closing Price 25.08
Flowers Foods and Grupo Bimbo are in negotiations to acquire parts of Hostess’ bread business, says the Wall Street Journal. The entire bread operation could bring more than $350 million in a sale. Shares closed up 0.12 percent on the day at $25.08, and have been traded in a 52-week range of $18.39 to $25.10.
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