Will Hostess Mediation Lead To A Sweet Deal
Stay calm Twinkie fans. A court-ordered Hostess mediation with union reps may save the company after all, Reuters reports. News that the bankrupt iconic bakery company was planning to liquidate spread quickly on Friday. But on Monday, a judge ordered Hostess and its bakers’ union into private mediation to try to avoid a complete shutdown. The talks are set to begin Tuesday, and while there is hope for the junk-food giant, mediation doesn’t necessarily mean the issues will be resolved....