The Fight to Buy Hostess: Main Street vs. Wall Street

Of the two thousand Hostess Brands documents filed in the last year with the U.S. Bankruptcy Court, it’s one of the most recent ones — a handwritten, five-page letter on loose-leaf notebook paper — that stands out the most.

In document #1890, Don Sheridan of Wellesley, Mass., writes to say the Judge, the CEO, and the company’s advisers should allow him to prepare a proposal for the Twinkie maker and its 30 brands.

Financial advisers to Hostess have set a deadline of Monday, Dec. 10, to submit initial interest in acquiring a liquidating Hostess or any number of its brands.

Read More at CNBC



Sponsored Links by DQ Promote

 

 

Send this to a friend