Posts Tagged ‘snack cakes’

The Twinkies Bakery is Now Worth Big Dough

July 20, 2015

The Twinkies Bakery is Now Worth Big Dough

Hostess, baker of America’s beloved Ding Dongs, Ho Hos and Twinkies, founded in 1930, went bankrupt in 2012. The firm was bought the next year by a partnership led by C. Dean Metropoulos, savior of Vlasic, Hungry-Man, Old Milwaukee and Chef Boyardee food brands. The turnaround king has done it again, for our nation’s iconic dessert cakes:

“Now, the iconic dessert titan is resurgent, selling its golden, cream-filled Twinkies across the world under the name Hostess Brands and turning down $2 billion offers from a pack of hopeful buyers. On Tuesday morning, the company reached its latest peak when Reuters, citing anonymous sources, suggested Hostess would head to Wall Street with an initial public offering that would value the company at around $2.5 billion.”

— “Twinkies are not just back from the dead. Their baker may now be worth billions.” Drew Harwell, Washington Post

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Image by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

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America, Rejoice! We Have Twinkies!

July 16, 2013

America, Rejoice! We Have Twinkies!

A puff of white smoke emerged from the bakery, announcing to the Nation’s faithful: “Habemus Twinkies!” America’s iconic snack has returned. Let joy be unconfined. Let there be dancing in the streets, drinking in the saloons, and snacking in the parlor.

Actually, it’s a very mixed blessing:

(more…)

The Last Twinkies

December 16, 2012

The Last Twinkies

The last shipment of Twinkies and other Hostess packaged pastries, 600 boxes, went on sale at a Chicago Jewel supermarket at 6:00 AM last Tuesday. Consumers made them disappear by 8:00 AM. In related news, the vulture capitalists who bought Hostess Brands made employee pension funds disappear while savoring the sweet creamy treat of big bonuses.

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Short Link:  http://wp.me/p6sb6-feC

Image ( “American Icon”) by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com

Comments are welcome if they are on-topic, substantive, concise, and not boring or obscene. Comments may be edited for clarity and length.

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