A twin pack of Hostess Twinkies (© Paul J. Richards/AFP/Getty Images)

Start hoarding those Twinkies — Hostess is officially out of business

11/16/2012

These are dark times, friends. Hostess Brands, our all-time favorite manufacturer of tasty, tasty trans fats, has announced that it will, in fact, liquidate its business. The decision is in response to an ongoing workers' strike, one that management says has left them unable to produce and distribute their products. "We deeply regret the necessity of today's decision, but we do not have the financial resources to weather an extended nationwide strike," said CEO Gregory Rayburn in a statement. He also added that "most" of the company's 18,500 employees will be immediately out of work. In related news, we just bought 70 boxes of Ding Dongs, just to be safe. [Source]

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