Wednesday, January 11, 2012
Twinkies and Wonder Bread maker Hostess Brands is seeking bankruptcy protection.
The filing on Wednesday comes just two years after a predecessor company emerged from bankruptcy proceedings.
That company, called Interstate Bakeries and based in Kansas City, Missouri, filed for bankruptcy protection in 2004. It emerged in February 2009.
But Hostess said Wednesday that its previous efforts to produce incremental change, including the prior bankruptcy case, were insufficient.
Read more at The Statesman Journal.