Burt!
Just noticed your avatar and LOVE IT !!!!
If anyone anticipates what it is Hostess or other companies intend to do with their assets, they are, I'm afraid, missing what it is, entirely going on. (couldn't think of a good carry-on).
Regardless...as the companies begin or (my bad) CONTINUE to fall, if such a thing were to affect (effect can never get them straight) a bigger picture, this is more what it is I'd be gathering my attention.
For a larger company to fall, not only shortly after an election which (mind bogling as it may seem) has petitions from not only 1 state (as I said, I'm now investigating) but 50 states to secede, regardless again of their percentages...
I have to say, never in history can I remember such a thing.
BTW - My preference isn't so much the Twinkie, but the ho-hos, snowballs and cupcakes.