Friday, November 9, 2007

Bimbo seek to buy bankrupt Twinkies

KANSAS CITY, Missouri (Reuters) - Los Angeles-based investment fund Yucaipa Cos and the U.S. arm of Mexico-based Grupo Bimbo (BIMBOA.MX: Quote, Profile, Research) are offering to take over bankrupt Interstate Bakeries Corp (IBCIQ.PK: Quote, Profile, Research), the maker of Twinkies and Wonder Bread.

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