October 9, 2013
Hostess is bringing back more varieties of its snack cakes including the Orange CupCakes as well as all three flavors of Zingers® - vanilla, chocolate and raspberry. All varieties are now available in both multipacks and single serve packs.
July 8, 2013
Hostess Brands plans to freeze its baked goods, including Twinkies and HoHos, to extend shelf life, according to the New York Post. Previously, Hostess would ship the baked goods out within 48 hours of baking, but with fewer plants, the baked goods will...
March 20, 2013
Hostess Brands Inc. announced that it has selected U.S. Bakery's approximately $30.9 million offer as the winning bid for the company's Sweetheart®, Eddy's®, Standish Farms® and Grandma Emilie's® bread brands, four bakeries and 14 depots, plus...
January 24, 2013
Private-equity firms Apollo Global Management LLC and C. Dean Metropoulos & Co. are said to be considering placing a bid for Hostess Brand cakes, according to the Wall Street Journal. The cake brands include Twinkies, Ding Dongs and Dolly Madison. Hostess...
January 3, 2013
Hostess Brands Inc. has reported in bankruptcy court that it is narrowing down bids received for its brands and expects to sell off the snack cakes and bread brands separately, according to the Associated Press. Hostess will file "stalking horse" bids...
December 6, 2012
Hostess Brands Inc. issued the following statement to clarify recent reports about Chairman and CEO Gregory Rayburn's compensation:
Rayburn is a retained professional in the company's bankruptcy proceedings and, as such, his compensation is subject...
September 19, 2012
Hostess Brands is seeking a legal means to force members of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union (BCTGM) to accept a deal they have rejected by an overwhelming majority, or says it will have no choice but to...
May 8, 2012
Diamond Foods Inc. named former Hostess Brands chief Brian J. Driscoll as its new president and chief executive, three months after the snack-food company ousted its former chief executive and chief financial officer amid an internal accounting probe.
April 11, 2012
Gregory Rayburn, chief executive officer of Hostess Brands Inc., said he is slashing executive compensation in the aftermath of creditor allegations that the company may have pushed management's salaries higher in the months leading up to its Chapter 11...
April 5, 2012
Creditors of Hostess Brands Inc. said in court papers the company may have "manipulated" its executives' salaries higher in the months leading up to its Chapter 11 filing, in what the creditors called a possible effort by Hostess to "sidestep...
April 2, 2012
Hostess has asked its unions to accept new pay cuts attempt to scrap its labor contracts as part of its second bankruptcy.
March 12, 2012
Hostess Brands, Inc. has appointed Gregory F. Rayburn, a seasoned turnaround executive, as president and chief executive officer.
February 29, 2012
Hostess Brands, Inc. announced that, subject to court approval, it has retained Gregory F. Rayburn of Kobi Partners LLC as its chief restructuring officer (CRO).
February 22, 2012
Hostess Brands Inc.'s bid to reject its collective-bargaining agreements has generated a fresh flurry of criticism from fellow food companies, pension funds and a nonprofit group.
January 13, 2012
Hostess Brands Inc. has received court authority today to enter into a $75 million debtor-in-possession (DIP) financing facility and access $35 million of it until a hearing scheduled for January 26, 2012 for further approval for the DIP.
January 12, 2012
Hostess Brands, Inc. announced that the company and its five subsidiaries have filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York.
January 11, 2012
Hostess Brands Inc.'s survival could depend on the outcome of negotiations with its two main unions, as the company prepares to file for bankruptcy protection a second time, said people familiar with the matter.
November 16, 2011
After receiving nearly 183,000 total entries, Hostess®, maker of America's most iconic snack cakes, announced that Clarissa Rock of Hudson Falls, N.Y., is the $25,000 grand prize winner of the "Transform Your Treat" instant win game.
September 2, 2011
Hostess Brands Inc., the Twinkies and Wonder Bread baker that emerged from bankruptcy protection two years ago, has once again hired restructuring advisers amid continued struggles