Hostess Brands Inc. announced today that it will follow a request from the U.S. Bankruptcy Court for the Southern District of New York to enter a confidential mediation on Tuesday with the Bakery, Confectionary, Tobacco and Grain Millers Union (BCTGM).
Todays hearing to consider Hostess Brands motion to wind down the Company and sell all of its assets has been adjourned until 11 a.m., EST, on Wednesday.Production remains shut down.