Monday, November 19, 2012

Twinkies may survive [VIDEO]

Twinkies may survive [VIDEO], The tasty cream-filled golden spongecakes known as Twinkies are likely to survive, even though their maker will be sold in bankruptcy court.

A Hostess Brands Inc. union says it hopes a buyer can save parts of the company, as the Twinkies baker was to ask a U.S. judge for permission to liquidate.

Frank Hurt, president of the Bakery, Confectionery, Tobacco Workers and Grain Millers' International Union, told The Wall Street Journal he thought there was "more than a good chance" a buyer would buy the profitable parts of the Irving, Texas, company and give his union's members their jobs back. Go here to read more.