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A spokesman for Hostess said the company had no comment on the lack of competing bids for Twinkies and the other Hostess cakes. Previously, Hostess CEO Greg Rayburn had predicted the competition for those cakes would be "wild and wooly." Hostess previously picked Flowers Foods as the buyer for Wonder and other major bread brands; no competing offers were made in that case either. The sale of the breads and Twinkies still need to be approved in bankruptcy court on March 19. Hostess, based in Irving, Texas, stopped making its cakes and breads in late November after it announced it was going out of business and closing its plants following years of financial struggles.
[Associated
Press;
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