Twinkies Maker Filing for Bankruptcy

Twinkies Maker Filing for Bankruptcy

POSTED: Wednesday, January 11, 2012 - 4:09pm

UPDATED: Wednesday, January 11, 2012 - 8:36pm

The makers of Twinkies are in a financial squeeze.

The Wall Street Journal reports that Hostess and Wonder Bread will be filing for Chapter 11 bankruptcy protection for a second time.

The companies blame rising costs in flour, sugar and other baking ingredients, as well as snowballing debt.

Hostess first filed for bankruptcy eight ears ago.

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