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Last of Hostess assets to be auctioned in mid-August
date:Jul 25, 2013
Judge Robert D. Drain of the U.S. Bankruptcy Court Southern District of New York on July 19 authorized Hostess Brands, Inc. (Old HB, Inc.) to hold an auction on Aug. 16 to sell its remaining assets, including certain real estate, machinery, equipment and fleet assets located in 34 states that were not sold after the company ceased operations in November 2012.

Mr. Drain also approved Los Angeles-based Hackman Capital Acquisition Company, L.L.C. to serve as stalking-horse bidder at the auction. H

08/01 05:17