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Judge: Hostess can sell assets

Wednesday, November 21, 2012

WN.com - Business News
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Judge: Hostess can sell assets
Nov 22nd 2012, 06:21

Hostess Brands won interim approval from a bankruptcy judge to shut down and start selling the Twinkie maker's assets after last-minute mediation with its bakers' union failed to resolve a contract dispute, leaving more than 18,000 jobs at risk. On Wednesday, U.S. Bankruptcy Judge Robert Drain approved Hostess's request to close at a hearing in White Plains, New York. CEO Gregory Rayburn said...
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