Back in January we posted about Hostess Brands Inc. filing for Chapter 11 bankruptcy. The hope was this restructuring would allow the company to figure out a way to pay off its creditors and once again be a profitable business.
Many Florida residents surely enjoy a Twinkie or a Ding Dong from time to time. And while some may prefer one tasty treat to the other, the fact remains that the sale of these snack foods have declined. This has put the maker Hostess Brands Inc. in a tough financial spot.