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Twinkies maker Hostess lives at least another day

November 20, 2012 • Business


FILE – In this Friday, Nov. 16, 2012, file photo, Twinkies baked goods are displayed for sale at the Hostess Brands’ bakery in Denver, Colo. Hostess Brands Inc. and its second largest union will go into mediation to try and resolve their differences, meaning the company won’t go out of business just yet. The news came Monday, Nov. 19, 2012, after Hostess moved to liquidate and sell off its assets in bankruptcy court citing a crippling strike last week. (AP Photo/Brennan Linsley)

WHITE PLAINS, N.Y. (AP) — Twinkies will live to see another day.

Hostess Brands Inc. and its second largest union agreed on Monday to try to resolve their differences after a bankruptcy court judge noted that the parties hadn’t gone through the critical step of private mediation. That means the maker of the spongy cake with the mysterious cream filling won’t go out of business yet.

The news comes after the maker of Ho Ho’s, Ding Dongs and Wonder Bread last week moved to liquidate and sell off its assets in bankruptcy court. Hostess cited a crippling strike started on Nov. 9 by the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union, which represents about Login to read more

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