Content about Drake's

March 15, 2013

Hostess Brands on Thursday announced that the stalking horse bid submitted by McKee Foods for the Drake's snack cake brand will be presented for approval to the U.S. Bankruptcy Court, as no other qualified bids were received for those assets.

KANSAS CITY, Mo. — Hostess Brands on Thursday announced that the stalking horse bid submitted by McKee Foods for the Drake's snack cake brand will be presented for approval to the U.S. Bankruptcy Court, as no other qualified bids were received for those assets.

McKee has agreed to pay $27.5 million for the Drake's brand and certain equipment. Drake's products include Ring Dings, Yodels, Devil Dogs, Yankee Doodles, Sunny Doodles and Drake's Coffee Cake.

February 27, 2013

According to published reports, Flowers Foods is set to buy Hostess bread brands, including Wonder bread, for $360 million after no other bidder came forward with a competing offer, a source familiar with the sale acknowledged Wednesday.

NEW YORK — According to published reports, Flowers Foods is set to buy Hostess bread brands, including Wonder bread, for $360 million after no other bidder came forward with a competing offer, a source familiar with the sale acknowledged Wednesday.

According to a Reuters report, Hostess, which went bankrupt last year, was scheduled to host an auction on Thursday for the brands — which also include Butternut, Home Pride, Merita and Nature's Pride — but as no other bids were announced, the company will not go through with an auction.

January 28, 2013

McKee Foods, makers of Little Debbie snack cakes, is offering $25 to $30 million for Hostess Brands Inc.'s Drake's brand, according to published reports.

CHATTANOOGA, Tenn. — McKee Foods, makers of Little Debbie snack cakes, is offering $25 to $30 million for Hostess Brands' Drake's brand, according to published reports. Hostess filed for Chapter 11 bankruptcy protection in January 2012.

November 16, 2012

Hostess Brands, the maker of Twinkies and Ho Ho's, is closing down amid a union strike that the company said forced it to halt operations.

IRVING, Texas — Hostess Brands, the maker of Twinkies and Ho Ho's, is closing down amid a union strike that the company said forced it to halt operations.

June 13, 2011

Hostess is kicking off a summer sweepstakes that celebrates America's favorite national pastime.

IRVING, Texas — Hostess is kicking off a summer sweepstakes that celebrates America's favorite national pastime.

The company, whose brands include Drake's Hostess, Wonder and more, said that its "You Could Win A Dream Road Trip" promotion offers three grand prize winners and their families the chance to follow their favorite major league baseball team to a city of their choice. What's more, more than 200 daily prize winners will receive $100 Stub Hub gift cards redeemable for approximately four home game tickets.