Hostess Brands, the bankrupt producer of bakery products, is in talks with several bidders over the sale of its brands. About 110 bidders have contacted the company over the purchase of a part of the business, while 70 bidders are ready ...
Tags: Hostess Brands, bakery products, bankrupt, sale, bread
Hostess Brands,a maker of breads and sweet goods in the US,has filed a plan for reorganization under US bankruptcy law,in order to pay creditors and emerge from Chapter 11 protection. The plan would give a majority of the stake to a ...
Tags: reorganization, breads, sweet goods, stake
Hostess Brands,a producer of bakery products in the US,and the company's largest union have agreed to enter a confidential mediation to resolve their differences in order to avoid the liquidation of the company. While the company sought ...
Tags: bakery products, differences, BCTGM
OneBeacon Professional Insurance (OBPI) has introduced a new non-admitted Lawyers' Professional Liability product for use by the law firms in certain areas of practice. OBPI's Lawyers' Professional Liability (LPL) Division senior vice ...
Tags: OBPI, Liability product, insurance product, insurance service
Reuters reported that London copper edged down after rising for two weeks in a row although signs of economic recovery in top consumer China and hopes for Greece to avert an imminent bankruptcy kept a floor under prices. Copper prices ...
Salus Capital Partners, LLC announced it has provided a $65 million Debtor-in-Possession (DIP) Credit Facility to HMX Group, a leading designer, manufacturer, and marketer of men’s and women’s business and leisure apparel. The ...
Tags: LLC, HMX, leisure apparel, business appare, DIP financing
MOCKSVILLE, N.C. — Boyles Furniture & Rugs has moved out of the mammoth Merinos Home Furnishings complex in Mooresville, N.C. and to a location here in a move Boyles said is the first step in its larger growth strategy. The upscale ...
PORTLAND, OR (BRAIN)—While Portland is a commuter market, it also has a thriving mountain bike, tri and road scene. New shops offering only service are also finding success in this crowded retail market, as are Internet-based ...
Tags: mountain bike, road scene, retail market, Internet based businesse
Continuously falling prices, unstable subsidies, and low demand in Europe have been causing China-based LED firms to face financial troubles. The LED industry continues to suffer with oversupply. Many LED firms in China have been said to ...
Tags: China LED lighting, LED lighting
Hostess Brands, a producer of bakery products in the US, has received clearance from the US Bankruptcy Court in New York to shut down the business and sell its assets. US Bankruptcy Judge Robert Drain authorized the liquidation process ...
Tags: Hostess Brands, Bankruptcy, BCTGM, 18500 employees
Hostess Brands has said last-ditch talks with union officials to try to resolve the dispute that has threatened the existence of the US baker have been"unsuccessful". The company,which owns brands including Twinkies,was set to ask for ...
Tags: union officials, dispute, Hostess Brands, strike
Woodworking shops are similar to any other business because they are always looking for ways to cut cost. One great way to cut cost is by acquiring expensive woodworking machines for less than the standard price of a new machine. While ...
Woodworking shops rely on a number of machines to complete projects for clients. One of these machines is a computer numerically controlled (CNC) wood router. Woodworkers use this equipment to cut objects from wood by designing the ...
RICHMOND, Va. -- Top 100 retailer Sleepy's was confirmed as the winning bidder for the 80-store Mattress Discounters chain in U.S. Bankruptcy Court here. Court officials said Sleepy's paid $11.9 million for the company, outbidding the ...
Tags: mattress
PHOENIX -- The former 500,000-square-foot case goods manufacturing facility of Thornwood Mfg. here will be auctioned next week. Craig Thorn, a controlling officer in the company, said Thornwood was unable to find a suitable partner or ...
Tags: furnishings