McKee Gets Court Approval To Complete Purchase Of Hostess Drake's Cakes

Tuesday, April 09, 2013

A bankruptcy court judge in White Plains, N.Y., on Tuesday approved the $27.5 million purchase of Drake's Cakes by Collegedale-based McKee Food.

The action was taken in the bankruptcy of Hostess brands.

A McKee official said the judge waived the 14-day waiting period and the deal should be completed this week.

He said McKee workers will begin transporting Drake's Cake equipment to plants at Collegedale and at Stuart's Draft, Va. He said both plants have capacity for the equipment.

Drake's Cakes include such items as Devil Dogs, Yankee Doodles and Yodels.

Another purchaser got the famed Hostess Twinkies brand.


Chattanooga Police Seek 2 Theft And Fraud Suspects

The Chattanooga Police Department is asking for assistance in identifying two theft/fraud suspects who were captured on camera walking into businesses in the downtown area, stealing purses and other personal items.  The suspects then used the cash and credit cards they stole to purchase over $10,000 in Walmart gift cards. Investigators with the Fraud Unit need assistance ... (click for more)

Bessie Smith Cultural Center Selects Auditing Firm

The board of directors of the Bessie Smith Cultural Center has contracted with an independent auditing firm to review the financial records of the organization and make recommendations on improved financial controls. The firm of Henderson Hutcherson & McCullough, PLLC has been selected. In addition, the board established a community panel to review the current policies and ... (click for more)

Cell Phones And Roundabouts

I read the article written by Chris Morgan about the use of cell phones in vehicles and the Chattanooga Roundabouts. Cell phone use in vehicles especially in crisis intersection situations is extremely dangerous. I also agree with his assessment about the roundabouts. One problem I see with roundabouts is that on the two-lane roundabouts where they are coming in from ... (click for more)

Roy Exum: The NCAA’s “Division IV”

Jonathan Jensen and Brian Turner are two very smart guys. Not long ago the two sports researchers at Ohio State authored a story that appeared in the Journal of Quantitative Analysis in Sports that focused on the most successful college football teams in the country and, earlier this week, a writer named Ben Cohen broke it down in understandable terms for a fascinating Wall Street ... (click for more)

Stone Leaves South Pitt For Coaching Positions At Boyd-Buchanan

The possibility of a career move was definitely in Wes Stone’s future. The one he took wasn’t necessarily on his radar screen just a few weeks ago. Stone, assistant football and head baseball coach at South Pittsburg, has left the Pirates for teaching/coaching positions at Boyd-Buchanan. The 38-year-old Stone, who already is working with the Bucs’ football team as a defensive ... (click for more)

Montgomery Stops Lookouts Thursday, 6-4

The Chattanooga Lookouts jumped out to an early lead, but committed four errors on their way to a 6-4 loss at the hands of the Montgomery Biscuits. Recap Lookouts' center fielder Darnell Sweeney started the game on a positive note for Chattanooga, leading off the bottom of the first with a single. Noel Cuevas followed up Sweeney's single with a line drive base hit of ... (click for more)