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Hostess Brands: Let the bidding commence

Zoom in font  Zoom out font Published: 2012-11-23  Authour: Kacey Culliney  Views: 26
Core Tip: Twinkies, Wonder Bread, Ding Dongs et al. are up for sale as Hostess Brands wins approval to wind down operations and sell all assets.
Twinkies, Wonder Bread, Ding Dongs et al. are up for sale as Hostess Brands wins approval to wind down operations and sell all assets.

The US Bankruptcy Court for the Southern District of New York finalized its approval yesterday.

The shut-down will be completed in one year and see closures of 33 bakeries, 565 distribution centers, around 5,500 delivery routes, 570 bakery outlet stores and 18,500 job losses.

 
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