Pot Luck

Interstate Bakeries Corporation (aka, Hostess) is filing for Chapter 7 bankruptcy and will liquidate assets. A story of private equity versus unions again, and at this point it is unknown what will happen to iconic brands like Twinkie and Wonder Bread (photos of all 13 products).  Baker bailout anyone?

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By: Rob Schmidt. Permalink: permalink Shortlink: http://weedi.st/8UsL1