No. Hostess Brands was at that point owned by a consortium of private equity firms that had zero interest in the company’s success, as their whole thing was acquiring troubled companies for a song, bankrupting them, and selling off the assets. When workers went on strike protesting the intentionally onerous concessions that management demanded, the owners used that as an excuse to liquidate the company. For a couple of years you could not get Twinkies anywhere. Finally in 2013 an billionaire and another equity firm acquired the cake business and restarted production using four (now three) of the former eleven Hostess bakeries. Too late for everyone who got laid off though.
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