Deals
Hostess Bakers Union Hires Investment Bank Gordian in Asset Sale
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The union and the pension fund representing Hostess Brands Inc. workers hired investment bank Gordian Group LLC in connection with the bankruptcy of the maker of Twinkies and Wonder bread.
The New York-based banking firm was selected in part for its experience working on behalf of employees in other restructurings, the Bakery Confectionery Tobacco Workers and Grain Millers International Union said in a statement on its website Jan. 19. It represents more than 5,000 Hostess workers.