Hostess Brands today begins the process of selling off its assets in a bankruptcy court in New York. That process has struck fear in the hearts of lovers of the sugary-sweet Hostess products, like Twinkies, Ding Dongs and Ho Hos. Sensing a Twinkie panic and a possible shortage, over the weekend some entrepreneurs took to eBay, offering up many Hostess brands at some very exorbitant prices.
The Hostess brand, home of the Twinkie, Sno Ball, Ding Dong, and those fun cupcakes with the swirly lines on top and filling in the middle, is shutting down, as our colleagues over at The Two-Way blog report. The purveyor of iconic calorie-rich but nutrient-poor snacks says a labor dispute has forced it to go out of business.