Hostess Foods
Hostess, the maker of Twinkies, seeks permission to close and sell iconic brands
The maker of iconic American food like Twinkies, Ding Dongs and Wonder Bread has filed a motion with the U.S. Bankruptcy Court seeking permission to close its business and sell its assets. Ref. USAToday
Hostess Foods (Hover)
Hostess Brands and its second largest union will go into mediation to try and resolve their differences, meaning the Irving, Texas-based company won't go out of business just yet. The news came Monday after Hostess moved to liquidate and sell off its assets in bankruptcy court citing a crippling strike last week. Ref. USAToday