Hostess Brands Inc., maker of Twinkies and other products, today sent an extension of the conditional WARN notice originally dated May 4 to its 18,500 employees, and Hostess employee union representatives. The notices inform them that certain events could occur within the next 45 days that could lead the company to sell all or portions of its business and/or wind down its operations and liquidate if Hostess is unsuccessful in its restructuring efforts.
The company’s goal remains firmly fixed on emerging from bankruptcy as a stable company with a strong future, according to a company news release.
