TRAIN, DAUGHTRY & AMERICAN AUTHORS Photos From 'Twas The Week Before Xmas' #MixXmas

Hostess Is Getting Rid Of The Twinkie!

Lauren
View Comments
Photo by Tim Boyle/Getty Images

Photo by Tim Boyle/Getty Images

TRE_8374 Lauren
Read More
Featured Items

77820352_8The 5 Lamest Christmas Gifts You Can Give

77820352_8Look Who Came To Taylor Swift's Birthday

77820352_8Who Was Named The Most Fascinating Person Of 2014?

77820352_8NAUGHTY "Elf On The Shelf" Photos

77820352_85 Holiday Presents You NEVER Give a Co-Worker

77820352_8Awesomely Ugly Christmas Sweaters

77820352_8Watch: Ask Someone To Be Your Bestman, Bieber-Style

Oh no, not the Twinkie!

Yesterday, Hostess threatened to shut the company down if workers on strike did not return by the end of the day. Apparently they didn’t.

According to Newser, CNN has been reporting that the Twinkies maker is now asking a federal bankruptcy court for permission to go out of business. That will mean 18,500 employees will lose their jobs, but CNN notes that Ding Dongs and other popular items could still survive under another brand, as Hostess will be selling its assets at auction.

But Ding Dongs could possibly survive?? Ahhh, WE WANT TWINKIES!

FYI, Hostess has gone bankrupt before, and Mexico’s Bimbo Bakeries tried to pick it up. Maybe they’ll try again? Matthew Yglesias said, “the company’s various packaged snack cakes are cultural icons, but also pretty unfashionable in the era of artisanal cupcakes.”

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 3,128 other followers