hostess
A U.S. Bankruptcy Court has given Hostess Brands Inc. an okay to continue auctioning off its sweet goods and the factories that produce them, the Dow Jones Newswire reports.
Snack cake maker and conic American brand Hostess will shut down immediately and fire 15,000 workers. Pink slips were handed out the day before Thanksgiving.
Time to stock up on Twinkies, Ding Dongs, HoHos and chocolate cupcakes again: Hostess is going under. Again.
Fans of the popular Twinkies and Sno-Balls snacks from Hostess Brands, Inc., hoping for a last-minute save for their beloved confectionary delights may be disappointed with the latest news from Hostess, who said Tuesday that it failed to reach a deal with labor unions on strike that have prompted the company to close down.
Americans stocking up on Twinkies, Ding Dongs and HoHos might want to wait before stocking up like it’s the apocalypse: Hostess might not go under.
Days after declaring that they were closing their doors, Hostess Brands Inc.,-the maker of Twinkies-are due to appear in a White Plains court Monday to liquidate their assets.