Bankruptcy Judge Approves Deal Between Hostess, Sugar Foods For Sale Of Assets

Bankruptcy Judge Approves Deal Between Hostess, Sugar Foods For Sale Of Assets

NEW YORK - The federal bankruptcy judge presiding over the Chapter 11 proceeding of Hostess Brands on June 1 approved an agreement between Hostess and Sugar Foods Corp. (SFC) under which SFC will purchase the equipment used at Hostess' Henderson, Nev., plant for $500,000 (In Re: Hostess Brands Inc., No. 12-22052, Chapter 11, S.D. N.Y. Bkcy.). Subscribers may view the order approving the agreement available within the full update.

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