Thread: Economics Strikes dont always work.
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Old 11-19-2012, 03:06 PM   #174
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Hold the phone, Twinkies aren't dead yet.



Hostess, union agree to mediation at judge's urging

http://news.yahoo.com/hostess-liquid...9--sector.html

WHITE PLAINS, New York (Reuters) - Hostess Brands Inc agreed in court on Monday to enter private mediation with its lenders and leaders of a striking union to try to avert the liquidation of the maker of Twinkies snack cakes and Wonder Bread.

Hostess, its lenders and the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union (BCTGM) agreed to mediation at the urging of Bankruptcy Judge Robert Drain of the Southern District of New York, who advised against a more expensive, public hearing regarding the company's liquidation
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