Hostess Brands, the bankrupt maker of Twinkies, Wonder Bread, and other beloved brands from what seems like a bygone era, could see several of its assets sold for $390 million next month to Flowers Foods.

The Thomasville, Georgia–based company, one of the nation’s largest wholesale bakers, was tapped late Friday to serve as stalking horse bidder for select Hostess brands scheduled for auction on February 28.

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