...I would eat them until you could make rock candy out of the sugar crystals in my bloodstream.
Posted on 03/14/2013 5:50:55 PM PDT by Morgana
Hostess Brands Inc. on Thursday named McKee Foods Corp. the winning bidder for its Drake's brand of coffee cakes and other treats, as no other bidder topped McKee's $27.5 million offer.
Hostess said a planned Friday auction for Drake's, which makes Ring Dings, Yodels, Devil Dogs and its namesake Drake's coffee cake, will be canceled. Hostess will ask a bankruptcy judge to approve the transaction at an April 9 hearing.
McKee, the maker of Little Debbie snack cakes, in January was named the lead bidder for Drake's. The company will get Drake's brands and equipment if the judge approves the sale.
Hostess said it will hold a Friday auction for some of its smaller bread brands after a rival bidder emerged to challenge a subsidiary of United States Bakery Inc. Those brands include Sweetheart, Eddy's, Standish Farms and Grandma Emilie's.
Hostess, the maker of Twinkies and Wonder bread, filed for Chapter 11 in January 2012. The company eventually began selling off its assets, generating interest from both rival bakers and private equity firms.
The company earlier this week canceled an auction for Twinkies and other cake brands after no rival bidder emerged against Apollo Global Management LLC and Metropoulos & Co.'s $410 million offer.
(Excerpt) Read more at foxbusiness.com ...
I didn’t know Hostess owned Drake’s. Wasn’t that pretty nearly a monopoly then?
Little Debbie is/was an inferior brand to the original drakes cakes. I’m wondering if they (devil dogs, coffee cakes, etc, etc) will have the same taste and quality that it once did under Hostess.
KANSAS CITY, Mo., March 12, 2013 - Hostess Brands Inc. (”Hostess Brands” or “the Company”) announced that the stalking horse bid submitted by affiliates of Apollo Global Management, LLC (NYSE: APO) (collectively with its subsidiaries “Apollo”) and Metropoulos & Co. (”Metropoulos”) for the majority of the Company’s snack cake business, which includes both Hostess® and Dolly Madison® branded products, will be the bid presented for approval to the U.S. Bankruptcy Court as no other qualified bids were received for those assets.
...I would eat them until you could make rock candy out of the sugar crystals in my bloodstream.
A brand of convenience so you can refer to ‘every swinging little debbie’ at morning formation.
I believe Drakes Cakes played a role in a Seinfeld episode.
Bingo!!!!
Good idea.
McKee Baking is privately owned by 7th Day Adventists. Their plants do not run on Saturday nor is there any work done in the plants.
They will not be big fans of obamacare mandates either.
I have a big box of em at work ;)
I limit myself to two.
Drake’s........blegh. Oh for a bakery on every corner.....,,
Little Debbie has their own “Twinkie” type cake called “Cloud Cakes” which are pretty good.
just wish someone would bring back the Beefsteak Rye bread
Beefsteak Rye Bread is the BEST. I hope it doesn’t go by the wayside.
just wish someone would bring back the Beefsteak Rye bread
Beefsteak Rye Bread is the BEST. I hope it doesn’t go by the wayside.
Dittos on the Beefsteak [seedless] rye, used to get it on the cheap at a Hostess resale outlet in Northwood, OH. After they closed, every time I got the urge for a batch of Reuben sandwiches, Wallyworld here in town would be devoid of any rye whatsoever... Drag!
I was stunned...LOL.....their bread makes great sandwiches. I can’t get use to the others, they taste like cardboard
Little Debbies are big sellers in the local supermarkets. Quality cakes for $1.79 a box, often on sale two for $3.00. They have many seasonal offerings - distinctive cakes for Christmas, Valentine’s Day, etc.
I love/hate Little Debbie.
P.S. - I see your oatmeal creme pies and raise you one extra layer - the double-deckers are awesome/evil:
finally, the chance to get some ding dongs and and devil food mini doughnuts again. those walmart knockoffs just aren’t cutting it. I hear the first box of chocolate ding dongs is going to be delivered straight to obama and his buddy mr. love.
Hey there, W. Yum. Reubens.
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