November 16, 2012 at 18:53 PM EST
No Sweet Shoices for Iconic Hostess
Hostess, the maker of well-known cream-filled American treats such as Twinkies and Ho Ho's, will shut down its operations and file for bankruptcy, the company announced Friday. The closure means 18,500 workers will lose their jobs and the company will focus on selling its assets to the highest bidders, Hostess said in a news release....
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