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theJ
Joined: 20 Mar 2005
Posts: 18570
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 Posted: Sun Nov 18, 2012 8:54 am Post subject: |
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And it's listed as new? 
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NextBigThing
Joined: 26 Oct 2009
Posts: 21340
Location: Beat Of My Own Drum
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iPwn
Joined: 10 Oct 2009
Posts: 45169
Location: Warbortles Nation
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| Posted: Mon Nov 19, 2012 8:00 pm Post subject: |
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http://nyti.ms/Qq4nCY
| Quote: | Hostess Brands and one of its major unions agreed on Monday to a mediation session, in a last-ditch effort to avoid winding down the bankrupt maker of Twinkies and Wonder bread.
The company and the union agreed to mediation at the behest of the judge overseeing Hostess's Chapter 11 case, Robert D. Drain of the Federal Bankruptcy Court for the Southern District of New York. The talks may also include representatives of the Teamsters union and the company's lenders.
.....
Metropoulos & Company, the private equity firm that owns Pabst Blue Ribbon, said in a statement that it was "actively pursuing" a deal for at least some of Hostess.
And Sun Capital Partners told Fortune magazine that it was interested in buying up all of the company, maintaining its existing work force. |
Maybe not all is lost.
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Mesa_Titan
Joined: 20 Feb 2008
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green24
Joined: 10 Apr 2010
Posts: 46803
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| Posted: Mon Nov 19, 2012 8:36 pm Post subject: |
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| iPwn wrote: | http://nyti.ms/Qq4nCY
| Quote: | Hostess Brands and one of its major unions agreed on Monday to a mediation session, in a last-ditch effort to avoid winding down the bankrupt maker of Twinkies and Wonder bread.
The company and the union agreed to mediation at the behest of the judge overseeing Hostess's Chapter 11 case, Robert D. Drain of the Federal Bankruptcy Court for the Southern District of New York. The talks may also include representatives of the Teamsters union and the company's lenders.
.....
Metropoulos & Company, the private equity firm that owns Pabst Blue Ribbon, said in a statement that it was "actively pursuing" a deal for at least some of Hostess.
And Sun Capital Partners told Fortune magazine that it was interested in buying up all of the company, maintaining its existing work force. |
Maybe not all is lost. |
I was just about to post this. Great news, if it happens.
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Rei
Joined: 15 Jan 2011
Posts: 202
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| Posted: Mon Nov 19, 2012 9:23 pm Post subject: |
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Honestly, I made fun of my friend for paying a grand worth for twinkies but now I love him.
Is this what being wrong feels like?
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