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| Economy |
| Hostess: We got Court approval to close shop |
| 2012-11-22 |
| Hostess Brands Inc. announced that the U.S. Bankruptcy Court for the Southern District of New York today approved its emergency interim motion for the orderly wind down of its business and sale of its assets. Judge Robert Drain approved the motion after the Company and the Bakery, Confectionary, Tobacco and Grain Millers Union (BCTGM) were unable to reach an agreement during an 11th-hour mediation Tuesday. |
| Posted by:Pappy |
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