There was also news Monday that investment firm Sun Capital was interested in acquiring the troubled snack maker. According to Fortune magazine, Sun Capital reached out to Hostess after last week’s bankruptcy filing.
“I think that we could offer a slightly better, more labor-friendly deal than what was on the table last week,” Sun co-CEO Marc Leder told Fortune.
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Tim Devaney is a national reporter who covers business and international trade for The Washington Times. Previously, he worked for the Detroit News, Grand Rapids Press, Portland Press Herald and Bangor Daily News. Tim can be reached at firstname.lastname@example.org.
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