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Hostess Ch. 11 Plan Shuts Out Unsecured Creditors, Cuts Pay

By Lisa Uhlman ( October 11, 2012, 4:02 PM EDT) -- Hostess Brands Inc. on Thursday filed a Chapter 11 bankruptcy plan in New York that targets a January exit from bankruptcy, would leave major equity holders and unsecured creditors with zero recovery, and would cut workers' pay....

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