Hostess Brands to Liquidate, Sell Assets
Twinkie maker said it will try to sell its assets to the "highest bidders."
Hostess Brands Iconic Snacks Could Be Sold to 'Highest Bidders'
Hostess Twinkies are one of Hostess Brands' most well-known packaged desserts. Gregory F. Rayburn, Hostess Brands' CEO said, "Hostess Brands will move promptly to lay off most of its 18,500-member workforce and focus on selling its assets to the highest bidders." (Mark Lennihan/AP Photo)
