It’s official: Hostess will not be restructuring its bankruptcy. On Friday, the company asked a bankruptcy judge for permission to liquidate its assets, CNNMoney reports.
Twinkie lovers across the country are lamenting the news that their beloved cream-filled snacks may soon be unavailable. The decision to close the brand for good came after months of negotiation between Hostess and a major union were unsuccessful, according to Reuters.
This is a hard time for fans of Ding Dongs and HoHos everywhere, and we’re here for you in your hour of need. Below, we’ve answered some of the questions the Hostess-bereft are probably asking themselves:
Related Resources:
- Hostess shutdown sparks grief, Twinkie runs, criticism (Los Angeles Times)
- Hostess Threatens Liquidation After Workers Strike (FindLaw’s Phoenix Bankruptcy Law News Blog)
- Bus-Driver Groper Claims Coffee Made Him Do It (FindLaw’s Legal Grounds)
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