Hostess says it is selling most of its bread business, including the Wonder and Nature’s Pride brands, to Flowers Foods Inc. for $390 million.
As Hostess Brands, the makers of Twinkie and other snack foods, headed to bankruptcy court last week to begin liquidation plans, a group of southeast Michigan entrepreneurs are proposing
You know you know that yellow bag.
“We deeply regret the necessity of today’s decision, but we do not have the financial resources to weather an extended nationwide strike,” Gregory F. Rayburn, Hostess’ chief executive, said in a statement.
Hostess Brands Inc. has told Michigan officials that it could lay off all of its 381 employees at 20 locations in the state if the company liquidates as part of its bankruptcy restructuring.
Hostess is recalling its Chocolate Chip Mini Muffins multipacks because some multipacks may contain muffins with undeclared walnuts, which is an allergen.