Topic: The News Thread

I know the title sounds crazy, but apparently Hostess, the company that makes Twinkies, is filing for bankruptcy. Take a look.
The article says that Hostess' brands are up for sale, but that doesn't means that those delicious cream-filled Twinkies are safe yet. A penny for your thoughts?

EDIT: I realize that this thread is a one-trick pony. I am now changing it to a place where people can post and comment on news. Please, refrain from posting about political matters, opinions of various news sources/casters, and disturbing subjects. Have fun!

The world would never be the same without them.

I'll buy the brand! Then all the twinkies will be mine!

twinkies are disgusting, I'm glad they're going bankrupt! (jk, I do realize that people work there)

I think it's probably a no-brainer that the brands will be bought by a stable/strong food manufacturer like Nabisco or Kraft or someone like that. There's far too much name-recognition of the Hostess brands; any company that can feasibly purchase them will jump at the chance.

Isn't Nabisco by Kraft?

For those with a sweet tooth, it means that not only might Twinkies go away, but possibly CupCakes, Ding Dongs, Ho Ho's, and SnoBalls. The Hostess umbrella also includes Merita, Nature's Pride, and Wonder Bread. Nature's Pride is my preferred bread brand.

The news I've heard/read states that 33 bakeries, 565 distribution centers, 570 bakery outlet stores, and 5,500 sales routes will be closed and shut down. iirc, I think that amounted to about 23,000 people.

Edit: closer to 20,000 people maybe.

Kinda. Around 2000, when Philip Morris bought Nabisco, it was subsequently merged into Kraft. Recently Kraft split off their snack food division (including Nabisco) into another entity (Mondelez).

I am old, so i always think of them of them as separate entities altogether.

I really hope someone buys the brand. I love the stuff Hostess makes, and there's certainly a lot of jobs at stake.

Now I am wondering if I should open this unopened box of Ding Dongs or save it for 20 years and than put it up on eBay?

@Tasuki You might as well put it up right now. People are buying Hostess stuff, especially Twinkies, like crazy.

Seriously, a box of twinkies goes for around $30 on ebay, amazon and craigslist, and those are the cheapest ones.

Do you see now, labor unions? Sometimes when you demand certain things, companies can't provide. Now over 20,000 jobs just went away.