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. 27 (Bloomberg) –- Bloomberg’s Mike Regan discusses some sectors that haven’t been part of the rally with Julie Hyman on “Street Smart.” (Source: B... More Aug. 27 (Bloomberg) –- Bloomberg’s Mike Regan discusses some sectors that haven’t been part of the rally with Julie Hyman on “Street Smart.” (Source: Bloomberg)
Date 10 hrs ago, Duration 2:50, Views 187
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