Root Canal for your Sweet Tooth

This morning Hostess CEO Gregory Rayburn announced that Hostess is “done”. After filing for Chapter 11 bankruptcy protection in January of this year (it had previously filed in 2004), Hostess shut down its Twinkie production lines Friday morning and has announced plans to wind down operations and liquidate assets. Along with these assets, real estate and inventory, approximately 18,500 employees are being laid off.

I guess Twinkies might survive a nuclear war but fell in bankruptcy to mismanagement and union strikes! Hopefully some sweet company will pick up the Twinkie mantle (or my favorite cupcakes with the swirls)!

– Erik R. Blaine, Esq.

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