Hostess Brands confirms investment firms' $410 million offer is lead bid for Twinkies...

http://www.dallasnews.com ^ | 30 Jan 2013 | Staff

[Squawk 8888]

Not a big fan of Twinkies but I love their cupcakes. Fortunately they’re still available in Canada, made under licence by Saputo in Montréal.

BTW given their shelf life this may be a good topic for SunkenCiv ;)

[donna]

Cupcakes - so jealous. Also, I need a cherry pie.

[Gay State Conservative]

Twinkies are OK but I've always been a fan of the chocolate cupcakes.Now that they're gone I miss them terribly.I really hope they return.

[boomop1]

None can replace Tastykake.

[Gay State Conservative]

Also, I need a cherry pie.

I was a huge fan of the cherry pies way back when.But on doctor's orders I gave up things like that for a long time.Then,in a moment of weakness,I bought a couple a year or so ago.The quality had plummeted.....didn't enjoy the "new" ones at all.

[Red Badger]

http://www.browneyedbaker.com/2013/01/17/homemade-hostess-cupcakes/

[donna]

You know, I think I agree with you. It’s kind of like Kraft Macaroni and Cheese - it’s an emotional attachment, LOL.

[ZOOKER]

What will happen to the "Twinkie Speculators", those who paid insane prices on the net for "the last Twinkies"? I heard Twinkies were bringing $20 for a three-pack and $100 for an unopened 12-pack (the local convenience store pulled all of their stock and sold it on the net).

Wonder what they're worth now? I expect the price to crash when word gets out they're back in production (maybe it has already).

[Red Badger]

They will go the way of Beanie-Babies............

[AzSteven]

Twinkies I can do without. Hostess Fruit Pies on the othe rhand, especially the Lemon ones, totally rocked!

[Red Badger]

From thr link:

Hostess Brands Inc. has been filing the bids for its brands in stages. Flowers Foods Inc., which makes Tastykakes and a variety of breads, was picked as the lead bidder for six of Hostess’ major bread brands, including Wonder.

[Red Badger]

http://www.circle-b-kitchen.com/food-and-recipes/2012/11/18/my-homage-to-hostess-and-some-little-fruit-pies.html

[wolficatZ]

It’s a win-win for whatever buyout gets the Hostess brand.

A MASSIVE amount of their revenues come from government assistance: EBT “Snap” cards and other food programs, that continue to expand by billions of $$$$ under the Obama regime.

[momtothree]

“... wonder what they’re worth now?”

For kicks and grins, I checked out Ebay. An unopened box goes from $9 to $20.

[LadyBuck]

I cleaned out my local grocery store - got my Twinkies dirt cheap, too.

Also got sick of the space they were taking up at the house, so Twinkies were shipped out with family Christmas gifts.

It was the surprise hit gift of the season

[heylady]

I love the soft texture of Wonder Bread. Almost all the white breads are now whole grain and are as hard as a rock. Ok maybe not quite as hard as a rock but it is like eating stale bread.

[ken5050]

Be real interesting to see what happens with the two unions, the idiots that caused this in the first place. The contracts are still in effect, I believe...but there is no way that any new buyer would touch this without first renegotiating the contracts..

[traderrob6]

Snowballs MMMMMMMMMMMMMM.

[Lurking Libertarian]

Be real interesting to see what happens with the two unions, the idiots that caused this in the first place. The contracts are still in effect, I believe...but there is no way that any new buyer would touch this without first renegotiating the contracts..

The contracts are with Hostess, the corporation. The buyers aren't buying the corporation, they're buying the assets (trademarks, recipes, etc.). So the buyer will not be subject to the union contracts.