Hostess closing, TWINKIES could cease to exist. DARKEST TIMELINE.
No, no, no. No, no, no! What the fresh hell is this nonsense. Hostess is like, billions of dollars in debt. Okay, sure. Sucks. Due to this, them people have to shut down, and dammit, folks. Dammit. They may be taking our Twinkies with them. This aggression will not stand. Probably because its been eating Twinkies its entire life, and its legs cannot support its weight.
NBC News:
Adieu, Twinkies, at least for now. Hostess Brands said Friday it has asked a court’s OK to liquidate the company, spelling the possible end for the iconic, yellow, cream-filled delight.
The move shuts down one of the nation’s oldest and largest producers of baked goods. Founded in 1930, it produces such well-known brands, aside from Twinkies, as Ding-Dongs, Ho Ho’s, Sno Balls and Donettes, not to mention Wonder bread, which the company says is the best-selling white bread in the United States.
In a statement, Hostess said its bakery operations have been suspended at all plants and that it would lay off most of its 18,500 workers to focus on selling its assets. It said it has filed a motion with the U.S. Bankruptcy Court seeking permission to close its business and sell its assets, including 33 bakeries and 565 distribution centers.Among those assets: the recipes for its well-known brands, especially the spongy Twinkie, which holds a special place in America’s culinary history. Over the years, it has been vilified by nutritionists, but it remains widely loved by snackers.CEO and chairman Gregory F. Rayburn told CNBC that he was hopeful the company could sell its brands.