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Hostess Brands Obtains Court Authority To Wind Down All Operations, Liquidate Assets

The wind down means the closure of 33 bakeries, 565 distribution centers, approximately 5,500 delivery routes, 570 bakery outlet stores and the loss of 18,500 jobs.

Prospective bidders for the Company's assets should contact the following representatives.

Brands: Perella Weinberg at hostess@pwpartners.com Assets: FTI Consulting at hostess@fticonsulting.com

For employees whose jobs will be immediately eliminated, additional information can be found at www.hostessbrands.info.  The website also contains a copy of the Company's wind down motion and information for customers and vendors.

About Hostess Brands

Founded in 1930 and based in Irving, Texas, Hostess Brands' products have included iconic brands such as Hostess®, Wonder®, Nature's Pride®, Dolly Madison®, Drake's®, Butternut®, Home Pride® and Merita®.  Hostess Brands has approximately 18,500 employees and operates 33 bakeries, 553 distribution centers, approximately 5,500 delivery routes and 527 bakery outlet stores throughout the United States.

SOURCE Hostess Brands

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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