The CEO of Hostess said at least a full month ago that if they didn't reach an agreement they were going to shut the plants down and sell off the trademarks and other assets. I remember reading it maybe 4-6 weeks ago over on ARFCOM.
Now all the sudden when they interview the employees they say they didn't see it coming.
It's not at all unusual that the rank-and-file employees didn't see it coming � but you can bet your sweet bippy that their esteemed leaders did � and being drunk with power, thought that their persistent bellicosity could blast it into oblivion before it came to pass.
Reality can be so brutally nasty � especially when you stuff the shell of your flak jacket with belly-button lint and expect it to stop .30-06 FMJs at muzzle range.
