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Private equity firms ink $410 million deal for Hostness snack brand
date:Mar 14, 2013
al approximately $56.6 million.

Bankruptcy Background

On Nov. 16, 2012, the maker of such American snack and bakery staples as Twinkies, Ding Dongs and Wonder Bread filed a motion in U.S. Bankruptcy Court to shutter its operations and liquidate its assets as a result of a weeklong strike by members of the Bakery, Confectionery, Tobacco Workers and Grain Millers (BCTGM) International Union.

The Board of Directors authorized the wind down of Hostess Brands to preserve and maximize the value of

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