Hostess, Maker Of Wonder Bread And Twinkies, Enters Bankruptcy

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A loaf of Wonder Bread is viewed on January 10, 2012 in New York... News PhotoBread,Business,Finance,Food,Horizontal,Loaf of Bread,New York City,USAPhotographer Collection: Getty Images News 2012 Getty ImagesNEW YORK, NY - JANUARY 10: A loaf of Wonder Bread is viewed on January 10, 2012 in New York City. Hostess Brands Inc., the owner of such iconic brands as Twinkies and Wonder Bread,is preparing to file for Chapter 11 bankruptcy protection as soon as this week. The privately held Irving, Texas, company currently employs roughly 19,000 people and carries more than $860 million in debt. The company has been experiencing high labor costs and rising prices for sugar, flour and other ingredients. (Photo by Spencer Platt/Getty Images)