Seeking Alpha

A union repping bakers at Hostess Brands asks a bankruptcy court to appoint at Chapter 11...

A union repping bakers at Hostess Brands asks a bankruptcy court to appoint at Chapter 11 trustee to oversee the closing down of the company. If approved, a trustee could change the dynamic of how key brands such as Twinkies, Ho-Hos, and Wonder Bread are dealt with during the liquidation process. Flower Foods (FLO) is still lined up as the most likely company to make a strong bid for the assets, perhaps even more so after the ConAgra-Ralcorp deal raised the stakes on scale in the industry.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs