11-19-2012, 03:06 PM
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#174
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7000 RPM of tire churning fury
Join Date: Mar 2001
Location: In the box.
Casino cash: $85609
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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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