Hostess Sells To Flower Foods

A Wonder Bread delivery truck trailer is seen parked outside the bakery plant in New York January 21, 2011. REUTERS/Shannon Stapleton

Hostess says it's selling most of its bread business to Flowers Foods for $390 million.

The sale also includes 20 bakeries and 38 depots.

Brands included in the sale are Wonder, Nature's Pride, Butternut, Home Pride, Merita and Beefsteak bread. Flowers Foods is based in Thomasville, Ga.