date:Nov 20, 2012
vember, Hostess Brands closed three bakeries, blaming work stoppage on the strike, and warned that it would be forced to liquidate if employees did not return to work to resume normal operations.
If the US Bankruptcy Court approves the liquidation, it would lead to the closure of 33 bakeries, 565 distribution centres, approximately 5,500 delivery routes and 570 bakery outlets across the US.
The company is also planning to sell its brands including Hostess, Drakes and Dolly Madison, Twinkies, C