Hostess Judge Approves Motion to Wind Down Company
Nov. 21 (Bloomberg) -- Hostess Brands Inc. won interim approval from a bankruptcy judge to shut down and take steps to sell the Twinkie maker’s assets after mediation with its bakers’ union failed to resolve a contract dispute, leaving more than 18,000 jobs at risk. Julie Hyman reports on Bloomberg Television's "Street Smart." (Source: Bloomberg)
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