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Who Will Buy Twinkies and Ding Dongs? 3 Ways Company Owners Use an Acquisition Strategy to Succeed $2 billion Hostess Brands filed for bankruptcy and liquidation. Twinkies were never a staple in my diet, so I won’t notice when they no longer show up on shelves, but there could be opportunity for someone to snatch up the assets Hostess leaves behind. The question for entrepreneurs: when does it make sense to use an acquisition strategy versus inventing or creating from scratch?
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