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(NewsOK)   $410 million. That's a big Twinkie   (newsok.com ) divider line
    More: Cool, twinkies, flight attendants, Wonder Bread, snack cake  
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2798 clicks; posted to Business » on 31 Jan 2013 at 9:50 AM (3 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



17 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest
 
2013-01-31 03:40:59 AM  
pintercast.com
 
2013-01-31 10:07:22 AM  
Is this true?
 
2013-01-31 10:11:10 AM  
More money manipulators playing "flip this company." *sigh*
 
2013-01-31 10:18:05 AM  
Bained!
 
2013-01-31 10:27:36 AM  
How much of that money is going to repay the pension funds management raided?

Unfortunately, my guess is zero.
 
2013-01-31 11:16:11 AM  
fc06.deviantart.net
 
2013-01-31 12:05:04 PM  
But if they make them again that will drop the bottom out of my boxes of Twinkie investment!
 
2013-01-31 01:07:05 PM  

Fubegra: More money manipulators playing "flip this company." *sigh*


Yeah, I was really hoping Grupo Bimbo would be the buyers on this one.
 
2013-01-31 01:49:37 PM  

BKITU: Fubegra: More money manipulators playing "flip this company." *sigh*

Yeah, I was really hoping Grupo Bimbo would be the buyers on this one.


Fact is, most of the players already in the industry (Bimbo, Flowers, Little Debbie, etc) already had similar offerings to what Hostess had in their snacks division, so essentially you'd just be paying a premium for the Twinkees name, which I imagine none of them felt was worth over $400M.. The real prize was the bread division (which Flowers is the lead bidder on).
 
2013-01-31 04:00:04 PM  
Just bring back Funny Bones, dammit.
 
2013-01-31 05:52:10 PM  
the company's sales had been declining amid changing tastes

Is that how they refer to "cheapening the product" these days?
 
2013-01-31 06:39:09 PM  
They'll sell the real estate and equipment and move it to China, next to the factory that makes those melamine foam Magic Erasers.
 
2013-01-31 09:16:36 PM  

ArkAngel: Is this true?


Yes it's true.  This man has no dick
 
2013-01-31 11:40:08 PM  
The issues faced by the Hostess companies are are a great example of how unions do more harm than good.
 
2013-01-31 11:59:19 PM  

Xexi: The issues faced by the Hostess companies are are a great example of how unions do more harm than good.


*pats head*
 
2013-02-01 11:00:26 AM  
Twinkie Wiener Sandwiches for everyone!
 
2013-02-02 09:51:56 AM  
Come on, BGS!  Bid, bid, bid!
 
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