Twinkies are set to hit store shelves again come summer Twinkie fans can rejoice. The delicious and incredibly popular snack will be back on shelves in July.
Wal-Mart Stores Inc. is among the bidders for assets being sold by Hostess Brands Inc. after the former maker of Twinkies and Wonder bread went bankrupt and had to close their doors, according to Bloomberg news.
The Twinkies maker calls it quits after going to bankruptcy court. Hostess is officially closed. The 82-year-old Twinkies producer called it quits while the assets of the company are liquidated.
A bankruptcy judge is moving forward with the liquidation of Hostess Brands. The liquidation of Hostess Brands Inc. will continue after a failed meditation took place with the company and the Bakery Union.
The Hostess CEO said that Twinkies are likely to find a buyer. The makers of Twinkies, who announced last week that they were going out of business, started liquidating the company's assets on Monday with new ownership going to the highest bidders.
The maker of Twinkies says its closing shop after a crippling union fight. The maker of Twinkies is going out of business. Hostess Brands, famous for the classic snack and Wonder Bread, is shutting down operations after a union dispute.
