Saturday, November 17, 2012

Debt, diet and disarray led Hostess to fail


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Debt, diet and disarray led Hostess to fail

While it came as a sudden shock to Twinkie lovers, Hostess Brands was crumbling long before the 82-year-old bakery closed up shop. Loaded down with $1.4 billion of liabilities, the company said yesterday it would go out of business after failing to reach an agreement with its workers. A...


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