Hostess, union fail to reach deal
15,000 workers fired; judge renews liquidation scenario
Posted: November 22, 2012 at 12:46 a.m.
Scott Hubbard of Chico, Calif., loads Hostess Zingers at the Hostess store in Redding, Calif., on Friday.
Hostess Brands Inc. must return to a liquidation scenario after mediation with its bakers’ union failed to avert a shutdown that will eliminate more than 18,000 jobs, the judge overseeing the Twinkie maker’s bankruptcy said Wednesday.
This story is only available from our archives.
Business, Pages 35 on 11/22/2012
(Advertisement)
« Previous Story
Business news in brief
QUOTE OF THE DAY “There’s little doubt as to where the government’s sights are. I don’t think it takes Sherlock Holmes to figure it out.” John Sylvia, co-chairman of the se... Read »
Next Story »
Deere’s sales climb, but profits fall below a...
Tractor maker Deere & Co. is taking a cautious view of 2013, as drought and economic uncertainty hold back... Read »
Comments
To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Please read our comment policy.
Use the comment form below to begin a discussion about this content.
Registration is required to make comments. Click here to LOGIN.
You can register for FREE to post comments and receive alerts.