Post by Forever Sunshine on Apr 17, 2012 11:10:47 GMT -5
Strike threat at Hostess could kill off Twinkies
NEW YORK (CNNMoney) -- The maker of Twinkies and Wonder Bread heads to court Tuesday to try to throw out its union contracts, in a battle that leaves the iconic baker's future very much in doubt.
Hostess Brands, which makes Ding Dongs and a variety of other sweet treats, is asking the bankruptcy court in White Plains, N.Y. to tear up labor agreements, which would, among other things, allow Hostess to change how it funds union pensions. The hearing is expected to last two days.
money.cnn.com/2012/04/17/news/companies/twinkies-hostess-strike/index.htm?hpt=hp_t2
NEW YORK (CNNMoney) -- The maker of Twinkies and Wonder Bread heads to court Tuesday to try to throw out its union contracts, in a battle that leaves the iconic baker's future very much in doubt.
Hostess Brands, which makes Ding Dongs and a variety of other sweet treats, is asking the bankruptcy court in White Plains, N.Y. to tear up labor agreements, which would, among other things, allow Hostess to change how it funds union pensions. The hearing is expected to last two days.
money.cnn.com/2012/04/17/news/companies/twinkies-hostess-strike/index.htm?hpt=hp_t2
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