said by Guspaz:said by PX Eliezer704:It's possible that a bankruptcy court might terminate that contract.
Or the contract may even have a built-in termination clause if either company goes under.
Unless Saputo is being very misleading with their wording, they don't license the rights under contract, they bought them outright. So no contract would be involved.
Reading Directly from the box of Twinkies.
"Hostess is part of the Saputo family of products"....
I'm guessing they bought out the Canadian subsiduary of Hostess and rolled it into their own, so I think they're in the clear....much like when Kmart was separate in Canada vs the US and Kmart Canada got sold to HBC....that's my best guess on this one is that they may stay around in Canada anyways...
EDIT: looking at a wikipedia article, it could turn out that Saputo cranks out Twinkies for the US/Global market should Hostess brands in the US fail....so they did sell the Canadian rights to Saputo it turns out...