Hostess Brands going out of business but it's possible company's most iconic sugary confection -- Twinkies -- could be bought by Mexican business.
(Fox News) -- Hostess Brands is going out of business and it’s possible the company’s most iconic sugary confection – Twinkies -- could be bought by a Mexican business.
Mexico’s Grupo Bimbo, the world's largest bread-baking firm, could be on the short list for acquiring some of the Texas-based Hostess’ foodstuffs, according to Forbes. Grupo Bimbo already owns parts of Sara Lee, Entenmann’s and Thomas English Muffins.
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