Hostess Brands files for a Chapter 11 bankruptcy in Texas, revealing in a filing that it owes...

|By:, SA News Editor

Hostess Brands files for a Chapter 11 bankruptcy in Texas, revealing in a filing that it owes creditors more than $1B. The maker of Twinkies, Ho Hos, and Ding Dongs failed to find a buyer from a list of companies that included Kraft and Campbell Soup, according to reports.