Hostess Bakery plants shut down last week as the result of a union strike idling some 18,000 workers.
The Obama administration will hire most of these displaced employees.
Hostess Brands was given approval today by the bankruptcy court to shut the business down and sell its assets.
Yes, this looks like the end of the Twinkie and Ding Dong. Let's have a moment of silence here at Thanksgiving, and give thanks for all the years we were blessed with these delicious and tasty treats, we will miss them.
It has long been said that a Twinkie would survive a nuclear war. But Hostess, the company that makes the treats, is not so immortal.
In fact, Hostess is expected to file for bankruptcy this week, citing over $800 million in debt. While there is a good chance Hostess will be able to reorganize or be bought out by another company — ensuring Twinkies, Ding Dongs and Ho Hos will remain in stores — it