HOSTESS HIRES HILCO TO LIQUIDATE REAL ESTATE AND MACHINERY

by admin

IRVING, ILL. — Hostess Brands Inc., the bankrupt maker of Twinkies, has hired privately held Hilco to help sell off its real estate and other assets as the Irving-based company liquidates in bankruptcy. Federal bankruptcy judge Robert Drain approved the appointment of Chicago-based Hilco to sell all real estate, machinery, equipment and rolling stock assets that remain in the company’s estate following court supervised auctions conducted by investment bank Perella Weinberg Partners. The auctions are expected to be completed this spring.

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