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Twinkies Maker Hostess Files for Chapter 11 Protection
I never liked Twinkies - they have no flavor - they just taste like sugar to me. I'd always rather have some homemade cake, or something from the bakery. Even chocolate bars are more exciting to me.
That sounds funny. I will be sure to look for that.
Maybe that is the answer. There have been A LOT of MAJOR drug busts in the USA lately. Therefore, The munchie level has declined. It all makes perfectly good sense.
buy all the twinkies you can now because they will be worth something 30 years from now.. Hostess Museum
From what I have read about Twinkies they will still be just as fresh 30 years from now as they are today. They seem to last for ever. In fact there was a website that I visited once while just browsing the net where I guy was doing experiments with Twinkies just to see how long it would take for one to finally get moldy.
In fact I just Googled it and the site still exists.
It's a Chapter 11 bankruptcy which isn't the worst kind....it gives the company an opportunity to restructure and exit bankruptcy. I worked for a company that went through Chapter 11. It allowed them to continue operating and under bankruptcy law allows them to basically nullify almost any contract. It does sound like the biggest issue has to do with the Union contracts including pension costs, etc. My company didn't have union workers so I'm not sure how that muddies the water.
"The farther we go, the more the ultimate explanation recedes from us, and all we have left is faith."
~Vaclav Hlavaty
I remember in the early 1970's Peanuts being on Wonder Bread - which is owned by Hostess. I still have a set of Peanuts patches that was offered through Wonder Bread back then.
I've been thinking about it and realized it wasn't Wonder Bread that had Peanuts on it when I was a kid in the 1970's, it was a bread called Millbrook. Millbrook was owned by the same company ( Interstate Bakeries Corporation ) that was the parent company of Dolly Madision who was a sponsor of the Peanut's specials 1970's.
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