Friday, 16 November 2012
Spare the Twinkie, Hostess
A moment of silence please. Hostess is going out of business. The 82-year-old maker of innovative packaged snacks is no more. Its assets will be liquidated and its recipes sold off to junk food collectors and disaster prepReporter. The liquidation of Hostess announced Friday means interim CIO Kesavanand Maganti will have to help creditors access and dispose of the company's intellectual property and other IT assets, including business automation systems, a warehouseThe company
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