Hostess Brands Shutdown Is Official, Twinkies Up For Sale
Hostess Brands was given approval today by the bankruptcy court to shut the business down and sell its assets.
Yes, this looks like the end of the Twinkie and Ding Dong. Let’s have a moment of silence here at Thanksgiving and give thanks for all the years we were blessed with these delicious and tasty treats. We will miss them.
Unfortunately, the jobs of 18,000 workers will be terminated. The termination papers were to be mailed out today.
On a lighter note, Hostess will temporarily keep 3,200 employees to help with phase one of the liquidation.
Twinkie Photo Gallery for Old Time Sake
Via [CBS News]