Twinkie maker Hostess files reorganization plan
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Twinkie maker Hostess files reorganization plan

Bangalore : India | Oct 11, 2012 at 6:28 AM PDT
Source: Turks and Caicos Free Press
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Hostess Brands Inc , the bankrupt maker of Twinkies and Wonder Bread , filed a reorganization plan that includes wage cuts, reduction in health and welfare benefits and a freeze on pensions for at least two years. Hostess is seeking to eliminate unsecured claims worth $2 billion to $2.5 billion under... FULL ARTICLE AT Turks and Caicos Free Press
 
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