Quote:
Originally Posted by Danzig
there's no way hostess will be out of business. i'm sure this is just a ploy. or maybe it'll end up sold. regardless, that brand will continue to exist.
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Absolutely. The brand will exist as it is still worth something and will be sold - through liquidation. One of the competitors like Tastykake will buy it.
But this is an opportunity for the top brass to cash out, leave this union wrangling behind. The buyer of the brand(s) will be able to set up shop in a right-to-work state and escape unions entirely, modernize equipment instead of the 82 year old baking stuff that might still power Hostess' operations.
Hostess is indeed going out of business. The CEO said "It's over" this morning. There was no further pleading for workers to come back. The parasites have killed the host.