Stock Up On Twinkies

Hostess Brands, the maker of Twinkies, Wonder Bread, Devil Dogs and Ding Dongs is going out of business.

The company, which is in Chapter 11, asked a federal judge to for permission to liquidate after its labor union went on strike rather than accept the contract concessions the bankruptcy court imposed.

The company had annual sales of $2.5 billion and employed 18,500 people.