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.
Dec. 4 (Bloomberg) -- Bloomberg’s Adam Johnson, Trish Regan and Matt Miller report on today’s ten most important stocks including Citigroup, General Mo... More Dec. 4 (Bloomberg) -- Bloomberg’s Adam Johnson, Trish Regan and Matt Miller report on today’s ten most important stocks including Citigroup, General Motors and Sears. (Source: Bloomberg)
Date 24 mins ago, Duration 3:48, Views 0
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Should new wireless companies Mobilicity, Wind Mobile and Public Mobile be allowed to fail?
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