Fitch: Flowers unaffected

Fitch Ratings said Flowers Foods Inc. ratings are unaffected by its agreement to acquire ButterKrust Bakery for $90 million.

Flowers Foods has issuer default and senior unsecured credit facility ratings of BBB.

The outlook is stable.

The purchase is likely to be funded with debt, but the agency said it does not expect more material acquisitions in the near term.

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