Thursday, November 29, 2012
Hostess With the Mostest
Hostess Brands Inc. won final court approval to sell its assets and
eliminate about 18,000 jobs. U.S. Bankruptcy Judge Robert Drain also
approved Hostess’s requests to pay as much as $1.83 million in
incentives to 19 senior managers, while overruling objections to the
bonuses.
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