Bimbo Urges Halt To DOJ-Ordered Sara Lee Sale

Law360, New York (January 30, 2013, 2:42 PM EST) -- Grupo Bimbo SAB de CV asked a Washington federal judge Tuesday to suspend the court-ordered shedding of parts of its Sara Lee bread business to Flowers Foods Inc., arguing Flowers’ recent move to acquire the bread division of bankrupt Hostess Brands Inc. could give it an unfair competitive advantage.

The Mexican food giant petitioned the court to temporarily call off the divestiture order, which directs Bimbo to sell off certain Sara Lee bread divisions in California and elsewhere to Flowers in order to address competitive concerns...
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