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BCTGM
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Wal-Mart Stores, Kroger,Seeking to Acquire The Assets
Dec 18, 2012Wal-Mart Stores, Kroger, Alpha Baking and Grupo Bimbo are seeking to acquire the assets that are being divested by Hostess Brands, the bankrupt producer of bakery products. The auction has attracted about 24 bidders. While some bidders ...
Tags: Wal-Mart, Hostess Brands'Assets
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Wal-Mart Storesand Kroger Are Understood to Be One of a Number of Bidders for The Assets
Dec 18, 2012US retailers Wal-Mart Storesand Kroger are understood to be one of a number of bidders for the assets of US baker and Twinkies owner Hostess Brands. Hostess last month received court permission to wind down its business and sell ...
Tags: WalMart, Hostess Brands, bid, company news
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Hostess Brands Workers Has Insisted The US Bakery Group Is "Falsely Claiming"
Dec 12, 2012The union representing Hostess Brands workers has insisted the US bakery group is "falsely claiming" the closure of three bakeries was the result of strike action. Hostess has been trying to force through cuts to pay and conditions and ...
Tags: Hostess Brands, bakeries, strike action, bakery group
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US Baker Hostess Brands Has Indicated It Will Liquidate The Company Tomorrow
Dec 11, 2012US baker Hostess Brands has indicated it will liquidate the company tomorrow (15 November) if striking employees fail to return to work this evening. The group, which manufactures brands including Nature's Pride and Wonder Bread, said it ...
Tags: Hostess Brands, strike, financial resource, food industry
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Hostess Brands Has Won Permission From The US Bankruptcy Court
Dec 11, 2012Hostess Brands has won permission from the US Bankruptcy Court for the wind down of its business and the sale of its assets. A New York judge yesterday (21 November) approved the company's motion for the wind down after the firm was ...
Tags: bidders, assets, bakery union
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Hostess Brands Agreed to Last-Ditch Talks with Union Officials to Resolve The Dispute
Dec 10, 2012Hostess Brands today (19 November) agreed to last-ditch talks with union officials to try to resolve the dispute that has threatened the existence of the US baker. The company, which owns brands including Twinkies snacks, was set to ask ...
Tags: Hostess Brands, dispute, US baker, food indstry
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Hostess Brands and Bakers Union Will Enter a Confidential Mediation
Dec 4, 2012Hostess 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
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Hostess Brands Has Received Clearance From The Us Bankruptcy Court
Nov 24, 2012Hostess 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
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Hostess Has Said Last-Ditch Talks with Union Officials to Try to Resolve The Dispute
Nov 21, 2012Hostess 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