They say a Twinkie could survive a nuclear holocaust, but what about the company that makes the spongy treat? Certainly, the fate of Hostess Brands, which also cooks up such alliterative snacks as Ding Dongs and Ho Hos, isn't so ironclad, especially after heading into bankruptcy protection last month for the second time in less than a decade.
Mercifully, Hostess has enough cash on hand to keep stores full with Twinkies for now, meaning the iconic dessert isn't dead just yet. But if it does go under, if that sorrowful day does come, at least the Twinkie will have good company. In honour of the cake's near demise, MSN looks back at other beloved products that weren't so lucky.
* All figures in USD.
Aug. 1 (Bloomberg) -- Warren Buffett’s Berkshire Hathaway said second-quarter profit rose 41 percent to a record on investments, including a gain tied ... More Aug. 1 (Bloomberg) -- Warren Buffett’s Berkshire Hathaway said second-quarter profit rose 41 percent to a record on investments, including a gain tied to the exit of most of his stake in the former publisher of the Washington Post. Cory Johnson has the numbers on "Taking Stock." (Source: Bloomberg)
Date 9 hrs ago, Duration 0:25, Views 148
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