Bimbo May Buy Hostess
People are still wondering what's going to happen to Hostess and, more importantly to most, the fate of all of the snack cakes they produce. Well, there's good news. It looks like fellow bread and snack maker, Bimbo, is interested in picking up where Hostess is leaving off.
Like Hostess, Bimbo Bakeries is the home of bread like Sara Lee and Orowheat as well as doughtnut and snack brands like Entenmann's.
Soon, we'll find out and we'll let you know as soon as we hear anything.