The liquidation closed all Hostess plants and bakeries and 15,000 employees were laid off immediately.
But for a company on the verge of liquidation, this is good news.
The liquidation seems to have launched a similar frenzy regarding Twinkies.
“liquidation” is a threat Memorial has heard before, and in the most sinister possible context.
Hostess said it would have to file for liquidation if the bakers went on strike.
liquidation is taking place, prices are going down, and the uncertainty of the outlook causes diminished activity.
First the capital evaporates, and then the company goes into liquidation.
The Dara loan was to be reimbursed at 85%, instead of 80%, as provided by the Law of liquidation.
Two other companies went into liquidation in carrying out the work.
Then the castle in the air tumbled down, and Ragnar went into liquidation, and I continued my walking-tour.
The conversion of the assets of a firm into cash, often just before the firm goes out of business.