Hostess says strike putting it out of business

Hostess says strike putting it out of business

Hostess Brands says striking workers are forcing the company out of business.

The company had warned employees that it would file a motion with U.S. Bankruptcy Court Friday seeking permission to shutter its operations and sell its brands if plants hadn't resumed normal operations by a Thursday evening deadline. The deadline passed without a deal.

The closing would mean the loss of about 18,500 jobs.

Read more at OregonLive.com.

{biztweet}hostess{/biztweet}