Los Angeles Business Journal

Potential Twinkie Suitor Boosts Credit Line

Monday, November 19, 2012

Flowers Foods Inc. said Monday that it has amended and extended its $500 million loan facility, giving it greater financial flexibility just as its bankrupt rival Hostess Brands Inc. entertains bidders, Reuters reports. A Wall Street Journal piece notes that the union that brought the 85-year-old baker of Twinkies and Wonder Bread to its knees is holding out hope that a buyer will send its members back to work.