McKee Foods Offers $27.5 Million for Drake's Cakes
Posted on January 29, 2013 at 16:49 PM EST
McKee Foods' chief said Monday that its $27.5 million bid for Drake's snack cakes is a chance to complement his company's product line. Mike McKee, the Collegedale company's chief executive, said Hostess Brand's Drake's snacks has its roots in a family baking business, much like McKee Foods and its Little Debbie brand....