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Hostess Brands Moves to Wind Down Operations

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While Twinkies have a reputation for an unlimited shelf life, the company that makes the junk food may not. Hostess Brands, the bankrupt maker of cream-filled pastries like Twinkies and Ho Hos, said on Friday that it planned to wind down its operations. The decision comes a week after one of the company's biggest unions went on strike to protest a labor contract. Friday's move could spell the end of Hostess, a company that has endured wars, countless diet fads and even an earlier Chapter 11 filing.

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