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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 Brands plans to continue with a hearing Wednesday in which a bankruptcy court judge in White Plains, N.Y., 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 Friday that it would move to wind down its business and start selling off its assets in bankruptcy court. The company cited a crippling strike initiated Nov. 9 by the bakers union, which represents 30 percent of Hostess workers.
After making its case to liquidate on Monday, Hostess heard Judge Robert D. Drain ask both sides to try resolving their differences through private mediation, noting that 18,000 jobs were on the line. The two sides met in mediation proceedings Tuesday. But later that night, Hostess announced that mediation was unsuccessful.
See more details in Wednesday's Republic.
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