The Demise of the Twinkie?

Interstate Bakeries Corporation, the nation's largest wholesale baker and distributor of fresh baked bread and sweet goods, under various national brand names, including Wonder(R), Hostess (including the famous Twinkies), Dolly Madison, Baker's Inn, Merita and Drake's, received court approval on its first-day motions in its voluntary Chapter 11 bankruptcy. The company, which is headquartered here, employs approximately 32,000 in 54 bakeries, more than 1,000 distribution centers and 1,200 thrift stores throughout the U.S.