May 20, 2013

Weather

Partly Cloudy

69°
Conditions at North Texas Regional Airport, TX

WEATHER ALERT DAY

Monday Afternoon and Evening ... Scattered intense Thunderstorms are expected, most likely severe. Large hail, high winds and the potential for isolated tornadoes will be the main threats. Locally heavy is rain also possible with these storms. Please check in with News 12 throughout the day for weather updates ... both On Air, On-Line at KXII.com, Twitter and Facebook.
Save Email Print Bookmark and Share
A A
Reporter: From Wire Reports

Twinkies sale approved by judge

NEW YORK (AP) - A bankruptcy judge has approved the sale of Twinkies to a pair of investment firms.

Hostess Brands Inc. is selling the spongy yellow cakes, along with other snacks including Ding Dongs and Ho Hos, to Apollo Global Management and Metropoulos & Co. for $410 million.

Metropoulos, which owns Pabst beer, has said it hopes to have the cakes back on shelves by this summer.

The judge also approved the sale of Wonder and other breads to Flowers Foods, which makes Tastykakes. Flowers will also get Nature's Pride, Butternut, Home Pride and Merita as part of the $360 deal.

The sale of Beefsteak, a regional bread brand, to Grupo Bimbo for $31.9 million was also approved.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


From News 12 AM

In The Community

Sherman Public Library Summer Reading Club sign ups

Posted: 05/08/13 - The Sherman Public Library is very excited about our upcoming Summer Reading Club for children and teens. Children ages birth-11 can Dig into Reading and join the Youth Summer Reading Club. The theme for the Teen Summer Reading Club this year is Beneath the Surface and it is open to teens ages 12-18. Read More

Southeastern Spring Commencement set for May 11

Posted: 05/07/13 - DURANT, Okla. – Regent Terry Matlock will deliver remarks at Southeastern Oklahoma State University’s Spring Commencement, scheduled for Saturday, May 11, at Paul Laird Field. The ceremony (for all schools) will begin at 10 a.m. A reception will follow at 11:30 a.m. in the Visual & Performing Arts Center. Read More

Austin College Commencement Celebration Nearing

Posted: 05/06/13 - SHERMAN, TEXAS—Members of the Austin College Class of 2013 are counting down the days until graduation—with both excitement and trepidation. Austin College President Marjorie Hass will present diplomas to more than 340 bachelor’s degree candidates and 18 Master of Arts in Teaching degree candidates who will take part in graduation events May 18 and 19 on campus. Read More