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Hostess Brands seeks court approval to close operations
date:Nov 20, 2012
upCakes, Ding Dongs, Wonder, and Nature's Pride, among others.

Potential bidders for the brands may include US food company Flower Foods, US private equity firm Metropoulos, and Mexican food company Grupo Bimbo.

Hostess Brands chief executive officer Gregory F Rayburn said that while the company regrets the decision to close operations, it does not have the financial resources to bear an extended nationwide strike.

Hostess Brands will move promptly to lay off most of its 18,500-member workfor

12/22 16:59