twinkie

Flowers Foods Set to Buy Hostess Brands Including Wonder Bread

Flowers Foods is set to buy Hostess bread brands including Wonder bread for $360 million after no other bidder stepped up to make a competing offer. The bankrupt bakery company was set to run an auction on Thursday for the brands, which also include Butternut, Home Pride, Merita and Nature's Pride.

7 Business Battles That Bruised Consumers in 2012

Companies get into fights all the time: in the courts, through their advertising, in contract negotiations with partners, and even with their own workers. To some extent, it's just business as usual -- but when those fights escalate, it's often consumers who feel the pain.

Judge Orders Hostess to Mediate with Union

Twinkies won't die that easily after all. Hostess Brands and its second largest union will go into mediation to try and resolve their differences, meaning the Irving, Texas-based company won't go out of business just yet.