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Hostess Brands Plans to Go out of Business

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NEW YORK (Reuters) - Hostess Brands Inc., the bankrupt maker of Twinkies snack cakes and loaves of Wonder Bread, is seeking a U.S. court's permission to go out of business after failing to get wage and benefit cuts from thousands of its striking bakery workers. The 82-year-old Hostess, which has ... (Publication: Reuters Hedgeworld)

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