Twinkie Stays Or Goes?! --- Hostess Up For Auction

 Will Hostess stick around after all?

What a surprise for most of us to see an empty shelf where your favorite Twinkie snacks and Wonder bread once were!

Twinkies, Ho Hos and Wonder Bread are up for sale now that a bankruptcy judge cleared the way for Hostess Brands Inc. to fire its 18,500 workers and wind down its operations.

Hostess was unable to resuscitate itself during this bankruptcy, its second in less than a decade. When it filed for bankruptcy last January, it had nearly $1 billion in debt as well as labor costs and work rules that it insisted were unsustainable.

A last-ditch effort to end a strike with Hostess' bakers union failed Tuesday night. A federal bankruptcy judge on Wednesday then approved plans for Hostess Brands to wind down its operations, but there is little doubt that its best-known brand, Twinkies, will live on.

The company, whose corporate ancestors go back 82 years, said it would put Twinkies on the auction block, along with its other famous brands, including Ho Hos, Sno Balls, Ring Dings and Wonder Bread.

So have hope your Hos maybe around longer than you think. lol