Client: Interstate Bakeries Corporation (NYSE:IBC)
Transaction: Acquisition of Continental Baking Company
Industry: Food - Branded
Service: Buy-Side Advisory
Owner: Publicly Traded
Details: Interstate Bakeries Corporation (NYSE:IBC) acquired Continental Baking Company from Ralston Purina Company (NYSE:RAL), which produced breads under the Wonder and Wonder Lite brands and snack cakes, donuts, pies, muffins and cookies under the Hostess brand. Interstate Bakeries Corporation, together with its subsidiaries, operates as a wholesale baker and distributor of baked bread and sweet goods in the United States.

Legal & Compliance