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Would You Pay $10,000 to Stock Up on Twinkies After Hostess Dies?

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HVnews

By HVnews
November 16, 2012 at 2:53 pm



Wait, you’re not even gonna throw in free shipping at this price?

Earlier, we reported that Hostess, the maker of Twinkies, Ding Dongs, Ho Hos and Wonder Bread, is going out of business after more than 80 years.

NBC News says there’s hope for the future of Twinkies:

[Hostess Brands CEO Gregory Rayburn] did offer a ray of hope for Twinkie fans. “I’m hopeful that we can sell the brands,” he said. “I think that obviously competitors will be looking at those and then they have to make a judgment.”

“I imagine they’ll definitely be able to find buyers,” said bankruptcy attorney Jeff J. Friedman, a partner at Katten Muchin Rosenman. “There could be a gap, but I’d be surprised if that gap was measured in anything more than weeks or months.”

Mogelonsky said possible competitors who might want to buy Twinkies or other Hostess Brands intellectual property include Entenmann’s owner Bimbo Bakeries, Tastykake manufacturer Flower Foods or Little Debbie baker McKee Foods.

“Other possible buyers are private label and food service suppliers including J&J Snack Foods, which supplies a number of food service outlets and convenience stores or one of the big orphan brand adopters’ [like] Pinnacle or ConAgra,” she said.

For Barack Obama, shuttering Hostess means the loss of 18,500 jobs.

For Michelle Obama, it means LET’S MOVE works!

• SEE ALSO: Professor Loses 27 Pounds on Two-Month ‘Twinkie Diet’

[@TheMatthewKeys]

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