Hostess Brands and a key union agreed Monday to try to mediate their dispute - an unexpected development that could spare the company from permanently shutting down.
The Bakery Workers union, which represents 5,000 of the 18,500 employees at the maker of Twinkies and Wonder Bread, went on strike on Nov. 9. The company had imposed paycuts and other concessions opposed by the union's membership.
On Friday, management announced a shutdown of Hostess and appeared before U.S. Bankruptcy Judge Robert Drain on Monday afternoon seeking approval to liquidate.
But Drain said he wanted the parties to try one last time to reach agreement. Drain will serve as the mediator at a session scheduled for Tuesday afternoon. Only one day of talks is set for now.
Read - Hostess shutdown on hold
Perhaps consider crafting some delicious, preservative-free snack cakes at home and telling us about it via iReport
for goodness sake! hire a skinny actor.
This picture reminds me of Walmart on the first Friday night of the month.
Look what I found on eBay! http://r.ebay.com/zsu0WK
Hostess continuing would be great except they need to continue without union parasites! Hmmmm.....How ironic would it be for Sun Capital to come in and "save" Hostess? Since Sun is basically the same as Bain, the liberals would all be frothing.
Wait! You were serious about that shutting down thing?
Haha now that they are shown the door the workers are running back like bitchs before they get thrown out again.