TITLE

Flowers Foods Acquires Tasty Baking

AUTHOR(S)
Noto, Anthony
PUB. DATE
April 2011
SOURCE
Mergers & Acquisitions Report;4/18/2011, Vol. 24 Issue 16, p33
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article announces the acquisition of Tasty baking Co. by Flower Foods Inc. for about 165 million dollars, with 90 million dollars in debt. Such deal is expected to add about 115 million dollars to Flower Foods' sales for 2011. Flower Foods chairman and chief executive officer George Deese states that the company still plans to acquire other companies to boost their production capacity for breads, buns, and rolls.
ACCESSION #
60173489

 

Related Articles

  • Flowers Foods, Tasty Baking Announce Merger.  // Snack Food & Wholesale Bakery;May2011, Vol. 100 Issue 5, p12 

    The article informs about the merger of Thomasville, Georgia, based Flower Foods Inc. and Philadelphia based Tasty Baking Co.

  • …And Flowers to Save Tasty Baking….  // Food Processing (00156523);May2011, Vol. 72 Issue 5, p11 

    The article reports on the plan of Flowers Foods Inc. to acquire Tasty Baking Co. for 34.4 million dollars in the U.S.

  • Tasty Baking Lands M&A Pro, But Deal Buns In the Oven? Sources Doubt It. Roberts, Ricardo // Mergers & Acquisitions Report;2/10/2003, Vol. 16 Issue 6, p6 

    Deals with the impending merger and acquisition moves of Tasty Baking Co. as of February 10, 2003. Views of analyst Michael Kress on the merger and acquisition efforts of Tasty Baking Co.; Financial performance of the company for the third quarter of 2002; Plans of David Kavanaugh, the...

  • Schwan Snags Mrs. Smith's.  // Frozen Food Age;Mar2003, Vol. 51 Issue 8, p10 

    Reports on the acquisition of the Mrs. Smith's frozen dessert business of Flowers Foods by Marshall, Minnesota-based Schwan Food Co. Terms of the acquisition; Benefits of the acquisition for Schwan; Value of the acquisition.

  • News briefs.  // Snack Food & Wholesale Bakery;Feb98, Vol. 87 Issue 2, p8 

    Provides various news on several snack foods companies in the United States as of February 1998. Settlement between Tasty Baking Co. and the Internal Revenue Service over the issue on employment tax status of its owner-operation distribution; Donation of The Earthgrains Co. to the victims of...

  • Junk mart cools, enter mezzanine. Copulsky, Erica // High Yield Report;02/14/2000, Vol. 11 Issue 7, p6 

    Reports that issuers of small-sized deals have turned to mezzanine debt as the method of choice for financing mergers.

  • Borden deal brings Lassen debt relief.  // Orange County Business Journal;11/01/99, Vol. 22 Issue 44, p20 

    Reports impact of the acquisition of EKCO Group by Borden Inc. on the debt of Lassen Companies to EKCO.

  • Private Equity Behind Bevy Of Food Deals.  // Food Logistics;Jul/Aug2011, Issue 131, p12 

    The article reports on the increased number of merger and acquisition activity for the first half of 211 which is reportedly attributed to the closed deals in the food industry through June 2011.

  • Natural Progressions. Swientek, Bob // Prepared Foods;Nov99, Vol. 168 Issue 11, p11 

    Looks at the merger of mainstream food manufacturers and natural food processors in the United States. Benefits of the mergers to the companies involved; Financial status of the companies before the mergers.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics