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The Death of Twinkies?! Say It Ain't So, Hostess [POLL]

In Life by Kim Muraro , on Friday, August 10, 2012, 6:17 AM (PDT)
twinkies bankrupt
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Twinkie the Kid, and a Deal With a Union, May Ride to the Rescue of the Bankrupt Company

A world without Twinkies is a world none of us wants to live in, but that's a scenario that's dangerously close to happening, thanks to the bankrupt status of the Hostess snack cake company.

Read: Hostess Files for Bankruptcy: Twinkies Face Extinction

Fortunately, the New York Post reports, Hostess and its biggest union are close to a last-minute deal that might just save the brand.

Hostess' creditors are trying to work out a deal with the Teamsters union, which would allow for the company's employees to continue working -- and kicking out and delivering Twinkies, HoHos and Drake's products to the good people of America -- and the company to sell off its smaller subsidiaries to pay off its debts.

The whole plan could take a few weeks to put in place, as Teamsters leaders have to distribute ballots to their members for voting, and, as a source tells the Post, "the workers have a right to choose whether to accept the deal."

Read: 8 Surprising Foods That Contain More Sugar Than a Twinkie

The Teamsters deal is Hostess' "last hope," the Post reports. If the union rejects the deal the company has proposed, the company will be forced to liquidate.

Which means you may want to stock up with a few boxes of Twinkies, Yodels, Hostess CupCakes, HoHos, SnoBalls, Ding Dongs, Zingers, Devil Dogs, Yodels and Drake's Coffee Cakes while you can.

Tell us:

Take Our Poll

Which Hostess product would you most miss if it was no longer made?

  1. Twinkies
  2. Hostess Fruit Pies
  3. Hostess Cupcakes
  4. SnoBalls
  5. Drake's Coffee Cakes
  6. Drake's Devil Dogs
VOTE

Results

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Comments (2)
Posted By Jeb (286 days ago)
Yeah yeah. Hold does it make you feel every time you grease a Teamsters pocket by eating one of these?
 
Posted By Jeb (286 days ago)
So how does it make you feel to grease a Teamster's pocket everytime you eat one of these?
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