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Hostess ready for its big bake sale

Created: Friday, November 30, 2012 12:06 p.m. CDT
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NEW YORK (AP) — The future of Twinkies is virtually assured.

Hostess Brands Inc. got final approval for its wind-down plans in bankruptcy court Thursday, setting the stage for its iconic snack cakes to find a second life with new owners — even as 18,000 jobs will be wiped out.

The company said in court that it’s in talks with 110 potential buyers for its brands.

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