While I was at work yesterday, a court ordered mediation failed to produce an agreement that would save Hostess from the liquidation chopping block. So, once again, Hostess is dead. Michelle Malkin has more…
It didn’t happen:
Hostess Brands lived to die another day.
The maker of Twinkies and Ding Dongs said late Tuesday that it failed to reach an agreement with its second biggest union. As a result, Hostess plans to continue with a hearing on Wednesday in which a bankruptcy court judge will decide if the company can shutter its operations.
The renewed talks between Hostess and The Bakery, Confectionery, Tobacco Workers and Grain Millers International Union came after the company declared last week that it would move to wind down its business and start selling off its assets in bankruptcy court. The company cited a crippling strike that was started on Nov. 9 by the union, which represents 30 percent of Hostess workers.
Once again, Hostess has died. And, to repeat, I hope that the people that buy the company, or the rights to the specific products move to a right-to-work state, and leave the union goons standing in the wreckage that they created.