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Thread: Hostess to Liquidate Company

  1. #26
    May precipitate OminousCloud has a reputation beyond repute OminousCloud has a reputation beyond repute OminousCloud has a reputation beyond repute OminousCloud has a reputation beyond repute OminousCloud has a reputation beyond repute OminousCloud has a reputation beyond repute OminousCloud has a reputation beyond repute OminousCloud has a reputation beyond repute OminousCloud has a reputation beyond repute OminousCloud has a reputation beyond repute OminousCloud has a reputation beyond repute OminousCloud's Avatar
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    Default Re: Hostess to Liquidate Company

    I don't think these products will disappear. Hostess makes quite a lot of money from sales but they've had financial troubles because of mismanagement and issues with labour etc, now that they're going into liquidation that means that anyone else with the cash can just come in and buy the rights. There are also several things the current owners can do to still retain product rights and even start up a new company etc. The ones that are going to lose out the most are actually the workers who may be left without jobs.


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  2. #27
    Senior Member marvel_phoenix has a reputation beyond repute marvel_phoenix has a reputation beyond repute marvel_phoenix has a reputation beyond repute marvel_phoenix has a reputation beyond repute marvel_phoenix has a reputation beyond repute marvel_phoenix has a reputation beyond repute marvel_phoenix has a reputation beyond repute marvel_phoenix has a reputation beyond repute marvel_phoenix has a reputation beyond repute marvel_phoenix has a reputation beyond repute marvel_phoenix has a reputation beyond repute marvel_phoenix's Avatar
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    Default Re: Hostess to Liquidate Company

    There's what I believe to spoof articles popping up about Fiat and GM expressing interest in acquiring Hostess. Amusing reads if nothing else.
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  3. #28
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    Default Re: Hostess to Liquidate Company

    Well talks fell through, looks like they're going out of business. Though I'm enclinded to agree with @OminousCloud 's prediction.

  4. #29
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    Default Re: Hostess to Liquidate Company

    Sounds like we're going to be royally buggered when Armageddon happens, rather than quite buggered, since we now will no longer have the whole 'Twinkies will survive the apocalypse' food backup plan to survive against the apocalypse-hordes / zombie hordes / mutants / face-eating aliens / whatever's going to happen.
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  5. #30
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    Default Re: Hostess to Liquidate Company

    Somebody is going to buy the company.
    I never liked twinkies anyway though.
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  6. #31
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    Default Re: Hostess to Liquidate Company

    Quote Originally Posted by Ranshiin View Post
    The human race is greedy and selfish and always wants more than what it has. We don't stop to think of the consequences of our actions.

    The workers, just like every human, wanted more, and didn't stop to think whether what they had was better than what would happen if they lost their jobs entirely. So in the end their greed came back to bite them, and now instead of 'less money than what they were earning' they have 'no money at all'.
    I don't think it's selfish etc as such, more just short-sightedness. Plus, it's not hard to find the whole 'companies = evil' sentiment in society, so it's not like there's a huge motivation to think about the (for want of a better term) broader implications of things like wage increases etc.
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  7. #32
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    Default Re: Hostess to Liquidate Company

    Bought 1 of the last boxes in NZ of Twinkies. Fair price, too.
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