3 ms·
Ripplewood Holdings injected $120M into Hostess to allow it to keep operating - what do you bet that $120M is a loan secured by the value of the brand names? I
by asmithmd1 14y ago
Ripplewood Holdings injected $120M into Hostess to allow it to keep operating - what do you bet that $120M is a loan secured by the value of the brand names? It is all private dealing so there is no way to be sure but I am sure Twinkees and Wonder bread will be for sale next year - baked by non-union bakers and delivered by non-union drivers
- frankc 14y agoIt's not that simple. When you are in bankruptcy it's really up to the judge to approve who gets paid what.