Friday, November 16, 2012
Twinkies Disappear
In a sad day for junk food lovers everywhere, Twinkies maker Hostess Brands has asked
the bankruptcy court judge for permission to liquidate its assets. The
company blamed a strike by the Bakery, Confectionary, Tobacco Workers
and Grain Millers International Union (BCTGM). The company will
continue to ship products until inventory runs out. Of course, Twinkies
will likely make a comeback. It is likely that another bakery or private equity firm will purchase the Twinkie name in bankruptcy and bring back the familiar yellow treat.