Los Angeles Business Journal

The Fight to Buy Hostess: Main Street vs. Wall Street

Monday, December 10, 2012

The idea that Hostess – a mainstay of the collective American memory – could go stale has struck a chord with consumers and collectors. CNBC reports that a singularly unique set of strangers who want to save the brand are plunging into the world of wonky financial engineering, court hearings, and fire sales normally inhabited only by Wall Street pocket squares and white-shoe law firms.