Who owns Hostess Brands Inc?

Answer 1

Venture Capitalist whom loaded the company with large sums of debt. The debt did little to spark commerce, but rather, depleted retained earnings and made a ever changing business model impossible to run. The labor cost and production had little to do with it's demise. The remaking shareholders with non-voting preferred shares and secured debtors get the rest. A familiar process of vulture capitalism. The Wall St., crown wanting ever more cash flows trap medium sized and small closely held companies hostage with banking at gun point. Why corporations hoard cash? To prevent investment bankers from redirecting loan financing to leveraged bankruptcy. It seems the bread slices are worth more then the loaf.