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Interstate Bakeries exits bankruptcy

February 4, 2009  By Reuters


NEWS HIGHLIGHT

Interstate Bakeries exits bankruptcy
Interstate Bakeries Corp., the maker of Wonder Bread and Twinkies snack cakes,
said on Tuesday it has emerged from bankruptcy after operating
under court protection for more than four years.

Feb. 4, 2009, NEW YORK – Interstate, based in Kansas City, Missouri, filed for
bankruptcy protection in September 2004, as a drop in sales and
higher costs for ingredients, energy, health care and pensions
led to a cash crunch.
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