Hostess Claims 110 Potential Buyers, Says Executive Bonuses Necessary

Nov. 30, 2012

In a hearing in the U.S. Bankruptcy Court in the Southern District of New York in White Plains, N.Y., Hostess Brands has said it is talking to 110 potential buyers for its brands, according to USA Today. It also claimed to need to pay 19 executives bonuses during the wind down, which drew criticism from at least one Hostess employee. Full article. 


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Hostess Brands To Close Due To BCTGM Union Strike

Nov. 16, 2012
Hostess Brands Inc. announced that it is winding down operations and has filed a motion with the U.S. Bankruptcy Court seeking permission to close its business and sell its assets...

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