Bankrupt Hostess Brands Inc. has named Mountain States Bakers LLC and McKee Foods Corp. as the stalking horse bidders for some of its bread assets and its Drake’s snack brand, respectively.

McKee Foods is the stalking horse, or lead bidder, for Drake’s with a $27.5 million bid. The Drake assets include the Coffee Cakes, Devil Dogs, Funny Bones, Ring Dings Sunny Doodles, Yankee Doodles and Yodels brands, as well as fruit cakes and cookies

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