Judge approves Hostess liquidation, 15,000 immediate layoffs

Hostess Brands Inc. will start selling off the rights to Twinkies, Ding Dongs and other baked brands after a federal bankruptcy judge on Wednesday approved its plan for an “orderly wind-down.”

Source: http://feeds.latimes.com/~r/latimes/news/~3/2HAUcrMpEio/story01.htm

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