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The future of Twinkies is virtually assured. Hostess Brands Inc. got final approval Thursday in bankruptcy court for its wind-down plans, setting the stage for its roster of snack cakes to find a second life with new owners — even as 18,000 jobs will be wiped out.
Twinkies, Ho Hos and Wonder Bread are up for sale now that a bankruptcy judge cleared the way for Hostess Brands Inc. to fire its 18,500 workers and wind down its operations.