Twinkies may survive bankruptcy, Twinkie lovers, relax. The tasty cream-filled golden spongecakes 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.
