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McKee Foods, the maker of Little Debbie snacks, has agreed to pay $27.5 million for Hostess' Drake brand products, which include Devil Dogs, Yodels and other snack items, as part of a bankruptcy sale of Hostess' remaining assets. Mike Gloekler of McKee Foods says the company has no intent of changing or scrapping the Hostess products. He says,

"Our intent is to produce like products as they are since they have different packaging and formulae."

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