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Description:  Hostess Brands Inc., the maker of iconic treats such as Twinkies and traditional pantry staple Wonder Bread, said Friday it is shuttering its plants and firing about 18,000 workers as it seeks to liquidate the 82-year-old business.

Source:  WSJ.com

Date: Nov 16, 2012

Link:  http://online.wsj.com/article/SB10001424127887324556304578122632560842670.html

Questions for Discussions:

  • Summarize the reasons for the demise of the firm?
  • Is there a restructuring solution that would allow the organization to continue in business?
  • What are the operational management issues that the firm would need to deal with, should it re-launch?

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