Iconic snack's demise sparks buying frenzy
TWINKIES, the sugary, spongy, cream-filled snacks that have been an American favourite for 80 years, are being sold for hundreds of dollars on the internet following news of their manufacturer's collapse.
Thousands of boxes have been posted on the auction site eBay, some for up to $300 (€235), after Hostess Brands, the bankrupt maker of Twinkies, sought permission to close its business late last week after a crippling national strike.
A court hearing regarding the firm's liquidation is expected today.
Hours after the announcement was made, Twinkie fans headed to supermarkets in anticipation of a spike in demand for any snacks that remained. (© Daily Telegraph, London)