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Twinkies are back! The brand that brought us such a suggestively named range of products – Twinkies, Ding-Dongs, Snow-Balls, Ho-ho’s – is back, with new owners, after Hostess plunged in its fight with unionized workers, who strangled the company…>read moreNo Comment June 24, 2013
According to Hostess, the company has begun discussions with over 110 potential buyers of its company. The Associated Press reported on Thursday that the potential list of buyers now includes supermarkets. Joshua Scherer, from Perella Weinberg Partners, said that…>read moreNo Comment November 30, 2012
The company that bakes Twinkies, Hostess Brands Inc., won its court approval to begin shutting down its operations across the country and start selling its assets. It also won approval to begin laying off 18,500 employees following the mediation…>read more2 Comments November 22, 2012
Reuters is reporting that Hostess Brands Inc is going to pursue going out of business after its last-minute discussions with one of its unions collapsed on Tuesday night. The union on strike is the bakers union and the two…>read moreNo Comment November 21, 2012
In an effort to save over 18,000 jobs, bankruptcy judge Robert Drain decided to delay the bid by Hostess Brands Inc. to close its business and sell its factories, brands and other assets. Drain told both the company and…>read moreNo Comment November 20, 2012