Flowers Deal Getting DOJ Review, Hostess CEO Says
March 13 (Bloomberg) -- Gregory Rayburn, chief executive officer of Hostess Brands Inc., talks about Flowers Foods Inc.’s bid to buy most of the bankrupt baking company’s bread brands and Apollo Global Management LLC and C. Dean Metropoulos & Co.'s agreement to pay $410 million for the majority of its snack business, which includes Twinkies. Rayburn speaks with Betty Liu on Bloomberg Television’s “In the Loop.” (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
07:58 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)