Twinkie’s last stand: It’s up to a mediator
As Twinkies maker Hostess went to bankruptcy court today to ask the judge for official permission to liquidate, what’s next for the iconic brand?
During the hearing, U.S. Bankruptcy Judge Robert Drain urged Hostess, the unions and lenders to come to an agreement through mediation rather than through a public, and costly, hearing. The court called a short recess while the lawyer for the baker’s union phoned his client to see if the union would agree to a mediation process tomorrow.
Source: lifeinc.today.com




