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$1.8 Million Bonus Payout Plan Approved For Hostess Execs As The Company Liquidates

Kim Bhasin

A judge has approved Hostess' bonus payout plan, and 19 senior executives are in line for up to $1.8 million in bonuses, CNBC reports.

Hostess, which is going through liquidation after a deal couldn't be made between management and the Bakers Union, laid off 15,000 workers to begin the wind down last week.

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