November 18, 2012 People are still wondering what's going to happen to Hostess and, more importantly to most, the fate of all of the snack cakes they produce. Well, there's good news. It looks like fellow bread and snack maker, Bimbo, is interested in picking up where Hostess is leaving off.
November 16, 2012 Since the news of Hostess going bankrupt is shattering snack fiends around the country, it brought up this thought. Hostess is going bankrupt, but the products probably won't go anywhere since the brands are so strong. More than likely, they'll auction them off to another company. But who will step up to buy them?
No more Twinkies, Ho-ho's or delicious lemon pies?
Noooooooooooooooooooooooooooooooooooooooo!!!!!!!!!!!!!!!!!!!!!!!!
It has long been said that a Twinkie would survive a nuclear war. But Hostess, the company that makes the treats, is not so immortal.
In fact, Hostess is expected to file for bankruptcy this week, citing over $800 million in debt. While there is a good chance Hostess will be able to reorganize or be bought out by another company — ensuring Twinkies, Ding Dongs and Ho Hos will remain in stores — it’s possible that this could spell the end of the line for the tasty snack cakes we all grew up on.
