hostess

Flowers Foods Set to Buy Hostess Brands Including Wonder Bread

Flowers Foods is set to buy Hostess bread brands including Wonder bread for $360 million after no other bidder stepped up to make a competing offer. The bankrupt bakery company was set to run an auction on Thursday for the brands, which also include Butternut, Home Pride, Merita and Nature's Pride.

7 Business Battles That Bruised Consumers in 2012

Companies get into fights all the time: in the courts, through their advertising, in contract negotiations with partners, and even with their own workers. To some extent, it's just business as usual -- but when those fights escalate, it's often consumers who feel the pain.

Hostess Gets OK to Begin Winding Down Business

Hostess Brands lived to die another day. The maker of Twinkies and Ding Dongs said late Tuesday that it failed to reach an agreement with its second-biggest union. As a result, Hostess will be in court Wednesday asking for a bankruptcy judge for permission to shutter its operations.

Another Pension Bites the Dust: A Lesson from Hostess' Bankruptcy

When Hostess Brands entered bankruptcy liquidation, it became the latest in a long list of companies to kill its pension plan. And while the existing retirees may still be protected by the government's Pension Benefit Guaranty Corporation, younger Hostess employees won't be so lucky.

Judge Orders Hostess to Mediate with Union

Twinkies won't die that easily after all. Hostess Brands and its second largest union will go into mediation to try and resolve their differences, meaning the Irving, Texas-based company won't go out of business just yet.

Twinkies Likely to Survive Sale of Hostess

Twinkie lovers, relax: Your snacks are likely to survive, even though Hostess Brands will not. Despite the problems that led Hostess to bankruptcy court, its high brand recognition and strong revenues ensure other companies will bid for at least slices of its baked goods empire.

DailyFinance Says Farewell to Hostess

Today, Hostess Brands announced plans to go out of business. In honor of the Twinkies maker -- and the empty calories of our youth -- some of AOL's writers decided to revisit our favorite Hostess treats.

Hostess Says It's Going Out of Business

Hostess Brands says it is going out of business, closing plants that make Twinkies and Wonder Bread and laying off all of its 18,500 workers. The Irving, Texas, company blamed its troubles on a nationwide worker strike.

Legal Briefing: English Muffins' Nooks Hold Trade Secrets

The nooks and crannies of Thomas's English Muffins are so special only seven people know all three of the trade secrets involved in making them. And for now, one of those seven, Chris Botticella, has been told by the courts that he can't go work for rival Hostess.