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To: Alberta's Child

Hopefully they will buy up the existing facilities and the non union people will be able to keep their jobs.


20 posted on 11/14/2012 5:02:01 PM PST by Arthurio
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To: Arthurio

Right. The one angle to this that adds some complexity and uncertainty is that Hostess owes millions of dollars to a couple of equity-fund owners/partners and nearly a billion dollars to bond holders, and the company would have to satisfy those lenders in the liquidation sale in order to “start over again.”


28 posted on 11/14/2012 5:06:50 PM PST by Alberta's Child ("I am the master of my fate ... I am the captain of my soul.")
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