The Twinkies maker calls it quits after going to bankruptcy court. Hostess is officially closed. The 82-year-old Twinkies producer called it quits while the assets of the company are liquidated.
A bankruptcy judge is moving forward with the liquidation of Hostess Brands. The liquidation of Hostess Brands Inc. will continue after a failed meditation took place with the company and the Bakery Union.
The maker of Twinkies says its closing shop after a crippling union fight. The maker of Twinkies is going out of business. Hostess Brands, famous for the classic snack and Wonder Bread, is shutting down operations after a union dispute.
Singer Toni Braxton has been accused of bankruptcy fraud. Toni Braxton has definitely fallen on hard times. The famous singer filed again for bankruptcy and is now being charged with fraud.