Grupo Bimbo Wins Beefsteak Bread From Hostess: Source
February 28, 2013 at 13:11 PM EST
In a bankruptcy auction carried out Thursday at law firm Jones Day, Mexico's baking giant Grupo Bimbo placed the winning bid for Beefsteak, one of Hostess' bread brands, for $31.9 million, according to a person familiar with the matter.
