Hostess brand officially going out of business
(WTVR) – The maker of Twinkies may have reached an expiration date.
Wednesday a bankruptcy judge approved a request to liquidate the 82-year-old company, pending a final hearing next week.
The decision came after the company’s latest attempt to end a pay-and-benefits dispute with its Bakery Workers union failed.
The company’s operations shut down last week following several days of strikes from employees.
Many union members were opposed to wage and benefit concessions the company offered.
The end of Hostess means the closure of dozens of bakeries, hundreds of distribution centers and more than 18,000 jobs.
But don’t fret about your favorite snack just yet, other companies are reportedly interested in buying some of Hostess’ more popular brands.
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