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Judge orders Hostess to mediate with union

Posted: November 19, 2012 at 2:19 p.m.
Updated: November 19, 2012 at 6:02 p.m.

Twinkies won’t die that easily after all.

Hostess Brands Inc. and its second largest union will go into mediation to try and resolve their differences, meaning the Irving, Texas-based company won’t go out of business just yet. The news came Monday after Hostess moved to liquidate and sell off its assets in bankruptcy court citing a crippling strike last week.

Court's order preserves Hostess for now

Hostess Brands and its second-largest union have agreed to go into mediation to resolve their differences. Hoarders, meanwhile are hawking cakes on eBay. (By The Associated Press)
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The bankruptcy judge hearing the case says that the parties haven’t gone through the critical step of mediation and asked the lawyer for the bakery’s union to ask his client, who wasn’t present, if he would agree to participate.

The case is being heard by the U.S. Bankruptcy Court in the Southern District of New York in White Plains, N.Y.

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