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Description:    Hostess Brands, known for sweet treats like Twinkies and Ding Dongs, is back in Chapter 11.

Source: NYTimes.com

Date: 01/11/2012

Link:  http://dealbook.nytimes.com/2012/01/11/hostess-files-for-bankruptcy/?ref=business

Questions for discussion:

  • Why do you think the firm is in financial difficulty again?
  • What is the financial condition of the firm?
  • What would you advise management do today?

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