Hostess to close, cites nationwide worker strike
Hostess, the maker of Twinkies and Wonder Bread, plans to go out of business, lay off its 18,500 workers and sell its snack cake and bread brands.
The Irving, Texas, company said a nationwide strike crippled its ability to make and deliver its products, which also include Ding Dongs, Ho Ho's and Home Pride bread.
Hostess suspended bakery operations at all its factories and said its stores will remain open for several days to sell already-baked products.
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