Get your Twinkies while you can... Hostess is going out of business

[tonymacx86]

Twinkies Maker Hostess Plans to Go Out of Business
By REUTERS
Published: November 16, 2012 at 10:55 AM ET


(Reuters) - Hostess Brands Inc, the bankrupt maker of Twinkies and Wonder Bread, has sought a U.S. court's permission to go out of business after failing to get wage and benefit cuts from thousands of its striking bakery workers.

http://www.nytimes.com/reuters/2012...-hostess-bankruptcy.html?smid=tw-nytimes&_r=0

 

[Stork]

Here the Wall Street Journal article: http://online.wsj.com/article/SB100...2632560842670.html?mod=WSJ_hps_LEFTTopStories

Here's two interviews on CNBC of the Hostess CEO. (commercial is first)
http://video.cnbc.com/gallery/?video=3000129856&play=1
and
http://video.cnbc.com/gallery/?video=3000129845&play=1

 

[tonymacx86]

Hostess, union agree to mediation at judge's urging
Reuters - 12 minutes ago

http://finance.yahoo.com/news/hostess-liquidation-too-sweet-managers-191817329.html

 

[beelzebozo]

I read that the makers of Pabst Blue Ribbon might buy them out??? Wash down that twinkie with some beer!

 

[atrain85]

There's a Hostess baking plant down the block from me, I'm going to miss that smell of Wonder bread baking every Tuesday