Hostess Brands Inc. is defending the upcoming sales of its various bakery businesses against the objections of its bakers union and others, arguing that the deals are its only viable option, Dow Jones Daily Bankruptcy Review reported today. In a court filing on Thursday, Hostess said that four objections remain to the sales of its top brands, including Wonder bread and Twinkies, which a judge will consider at a hearing this week. (Subscription required.)
