12/21/2012 03:05:00 PM

Hostess Breaking Up Twinkies, Wonder Bread and Devil Dogs in Liquidation Sale

In the ongoing Hostess bankruptcy saga, word emerges that the brand will sell off different brands under its umbrella separately, which means the snack cake division including Twinkies, Ding Dongs, Ho-Hos, etc. will be sold separately from Wonder Bread and Devil Dogs. Bids have been made already on both the snack cakes and bread divisions and the company is currently in the process of narrowing down the best offers. As for its employees, Hostess had said it would retain about 3,000 workers to shutter plants etc. but recently an attorney for the brand said in court that figure was down to about 1,100 employees. Ultimately the bankruptcy resulted in the loss of 18,000 jobs. [NYP]


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