Democrat run private equity helped wreck it and Republican run private equity may bring it back.
My guess is only the brand names will survive, being produced in facilities that already make similar products.
This piece of property is remarkably like the steel company Bain Capital wasted $70 million on ~ sure, it had a lot of stuff, and had $450,000,000 invested in it recently by the last owners BUT Bain wasn't a steel company, and that mill wasn't really a steel mill anymore ~ did one product ~ for a process no longer occurring ~
They may have made some money on it but they had $70 million tied up in it for quite some time.
Dick Gephart and his associates dumped $125 million in Hostess and it still went bust AGAIN.
Seriously, just buy the recipes. Plenty of other people cam make twinkies.