KEAN 105 Today's Best Country » bankruptcy http://keanradio.com Wed, 22 May 2013 13:05:51 +0000 en-US hourly 1 http://wordpress.org/?v=3.4.2 10 Absurd Consequences of Hostess Filing for Bankruptcy http://keanradio.com/10-absurd-consequences-of-hostess-filing-for-bankruptcy/ http://keanradio.com/10-absurd-consequences-of-hostess-filing-for-bankruptcy/#comments Wed, 11 Jan 2012 19:21:13 +0000 Drew Weisholtz http://tsminteractive.com/?p=69652 Hostess, which makes such iconic foods as Wonder Bread and Twinkies, has filed for bankruptcy. The company is some $860 million in debt, so clearly some restructuring is in order.

What happens now, you ask? Here are some possible scenarios of what may take place:

]]> http://keanradio.com/10-absurd-consequences-of-hostess-filing-for-bankruptcy/feed/ 0 Hostess Restaurant Chain Friendly's Files for Chapter 11 Bankruptcy http://keanradio.com/friendlys-chapter-11-bankruptcy/ http://keanradio.com/friendlys-chapter-11-bankruptcy/#comments Wed, 05 Oct 2011 16:37:59 +0000 Shauna Wright http://tsminteractive.com/?p=51940 Citing the economic downtown and rising food costs, the parent of the Friendly’s restaurant chain filed for Chapter 11 bankruptcy protection on Wednesday and closed 63 underperforming stores.

The 76-year-old franchise, based in Wilbraham, Massachusetts and known for its ice cream and hamburgers, will continue to operate more than 400 restaurants as it restructures.

]]> http://keanradio.com/friendlys-chapter-11-bankruptcy/feed/ 0 lcm1863, Flickr