In January 1995, Interstate acquired Continental Baking Company from Ralston Purina, for US$330 million and 16.9 million shares of Interstate stock.
Alvarez & Marsal (A&M) is a global professional services firm notable for its work in turnaround management and performance improvement of a number of large, high profile businesses both in the USA and internationally such as Lehman Brothers, HealthSouth, Tribune Company, Warnaco, Interstate bakeries, and Arthur Andersen.
Nature's Pride is an all-natural brand of bread was produced by Hostess Brands and now produced by Flowers Foods in the United States, which closed its operations in the wake of a BCTGM bakers' union strike and entered liquidation proceedings.