Hostess Brands Issues Extension of WARN Notice
IRVING, Texas, July 19, 2012 /PRNewswire/ -- Hostess Brands, Inc. today sent an extension of the conditional WARN notice originally dated May 4, 2012 to its 18,500 employees, and Hostess employee union representatives. The notices inform them that certain events could occur within the next 45 days that could lead the Company to sell all or portions of its business and/or wind down its operations and liquidate if Hostess is unsuccessful in its restructuring efforts.
The company's goal remains firmly fixed on emerging from bankruptcy as a stable company with a strong future.
SOURCE Hostess Brands
Released July 19, 2012