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Hostess went bankrupt before in 2009 the "management" team on this bankruptcy is just riding a liquidation out to suck whatever of juice it has left ( The CEO took a 300% pay raise last year other executives in the company got 80%). They fomented a strike to get out of paying pensions and benefits and to have unions to blame it on. Bimbo will buy they brands and in a couple of weeks twinkies will be back on shelves