Americans started to panic after Hostess Brands, makers of Twinkies and Ding Dongs, moved to liquidate their assets last Friday. Although it's not clear what will happen to the now-endangered American species, the Canadian breed is doing just fine.
Reuters reports that Saputo Inc., Canada’s largest dairy processor, "has the trademark and brand rights to Hostess CupCakes and Hostess Twinkies." Sandy Vassiadis, a spokeswoman for Saputo, said, "It’s totally separate." She added, "We own the rights in Canada so what’s happening in the U.S. doesn't affect us.”
In other words, now the people who complain about Obamacare have another reason to move to Canada.
h/t Consumerist.
Shares