McKee completes purchase of Drake’s Cakes from bankrupt Hostess - WRCBtv.com | Chattanooga News, Weather & Sports

Working Together for You

McKee completes purchase of Drake’s Cakes from bankrupt Hostess

Posted: Updated:

COLLEGEDALE, TN (Times Free Press) -- McKee Foods Corp. today completed its $27.5 million purchase of Drake's cakes from the bankrupt Hostess bakery.

U.S. Bankruptcy Judge Robert Drain in White Plains, New York, signed off on the sale to McKee, which submitted the only qualified bid for the brands. McKee spokesman Mike Gloekler said. McKee will take over the name and some of the baker equipment as soon as possible and begin making Drake's products, including Devil Dogs, Ring Dings, Yodels, Yankee Doodles, Sunny Doodles, Funny Bones and Drake's Coffee Cake.

"We hope to be able bring these products back on the shelf in the very near future," Gloekler said.

Read more from our news partner the Times Free Press.

Powered by WorldNow
Can't find what you're looking for?

WRCB-TV
900 Whitehall Road
Chattanooga, TN 37405
(423) 267-5412

WRCB Jobs EEO | FCC Public Files

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WRCB. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.