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Earth_First

(14,910 posts)

6. That $410 million should be used to recompensate employees' pension funds...

Reply to Eugene (Original post)

Wed Mar 13, 2013, 07:53 AM

Mar 2013

In the waning days of Hostess; company executives were using pension fund contributions as wages and operation costs.

Although I'm sure they were able to find a bankruptcy judge to dismiss further obligation to these benefits once they emerged and sold the brand.

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Highlight:

Hostess Sells Twinkies Brand to Investment Firms [View all] Eugene Mar 2013 OP

Sno-Balls!! longship Mar 2013 #1

They're still selling other parts of the business. RILib Mar 2013 #2

Should have sold it to the workers. grahamhgreen Mar 2013 #3

Mmm-mmm! Investment firm snacks! Sounds delicious! Kablooie Mar 2013 #4

What about Devil Dogs?? Kahuna Mar 2013 #5

That $410 million should be used to recompensate employees' pension funds... Earth_First Mar 2013 #6