Bimbo saves Ding Dong?...

[eolesen]

For people afraid of right wing sources:

http://www.forbes.com/sites/abrambrown/2012/11/16/next-twinkie-maker-will-a-mexican-billionaire-family-buy-hostess-orphaned-brands/

For everyone else:

http://dailycaller.com/2012/11/18/forbes-mexican-billionaire-family-may-save-twinkies/

And please, enough of the union discussion already. Feel free to keep that in the Death to Twinkee's thread...

 

[SparrowHawk]

For people afraid of right wing sources:

http://www.forbes.co...rphaned-brands/

For everyone else:

http://dailycaller.c...-save-twinkies/

And please, enough of the union discussion already. Feel free to keep that in the Death to Twinkee's thread...

Grupo Bimbo, makers of Entemen's here in the states has a pretty significant track record of saving so called orphan brands and turning them into profitable entities.

From the Forbes piece:

Bimbo tried once before to seize Hostess. It teamed up with a Hostess union and an U.S. investment firm, billionaire Ron Burkle’s Yucaipa, to form a competing bid during Hostess’ first trip through bankruptcy in 2007. That eventually fell apart. Bimbo backed out, and Yucaipa went ahead and entered a fruitless offer, valuing Hostess at $580 million. Hostess’ business has gone staler since, the product of unfunded legacy pensions, leverage and labor strikes.