Ho-Ho-Hold On: Hostess, Union Agree to Mediation

Twinkies and Wonder Bread may not be dead just yet.  At a bankruptcy judge’s urging, Hostess will enter talks on Tuesday to try to avoid liquidation.

FOX News Radio’s Jeff Monosso reports:

Audio clip:

Hostess Brands and its second-largest union have agreed to meet at the table for private talks, just days after the Texas-based company moved to lay off thousands of workers and sell off its assets in bankruptcy court.  A Federal judge in White Plains, New York noting the Hostess workers took to the picket lines after rejecting a contract offer, but without filing an objection to it first, and that mediation now needs to happen.

The bankruptcy hearing adjourned until Wednesday.

Jeff Monosso, FOX News Radio.

Share on FacebookShare on Google+Tweet about this on TwitterPin on PinterestShare on StumbleUponEmail this to someonePrint this page



Comments