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Maybe Twinkies Do Last Forever: Union, Hostess Headed To Mediation

By Mark Memmott
Published November 19, 2012 at 2:17 PM CST
The big name in the Hostess lineup.
Scott Olson
/
Getty Images
The big name in the Hostess lineup.

"Twinkies Saved! Hostess, Bakers Union Agree to Mediation, Avoiding Shutdown."

That's the "alert" this hour at CNBC.com.

Reuters has issued this "bulletin":

"US BANKRUPTCY JUDGE SAYS PARTIES AGREE TO MEDIATION ON TUESDAY IN HOSTESS CASE."

And according to The Associated Press:

"Hostess Brands Inc. and its second largest union will go into mediation to try and resolve their differences, meaning the Irving, Texas-based company won't go out of business just yet. The news came Monday after Hostess moved to liquidate and sell off its assets in bankruptcy court citing a crippling strike last week."

This follows Friday's big news, of course: "No More Twinkies? Hostess Brands Is Shutting Down."

We'll watch for more developments.

Copyright 2021 NPR. To see more, visit https://www.npr.org.

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Mark Memmott
Mark Memmott is NPR's supervising senior editor for Standards & Practices. In that role, he's a resource for NPR's journalists – helping them raise the right questions as they do their work and uphold the organization's standards.
See stories by Mark Memmott