WBIW.com News - state

Brought to you by WBIW News and Network Indiana

Hostess, Union Mediation Failed

Last updated on Wednesday, November 21, 2012

(INDIANAPOLIS) - Mediation talks between Hostess Brands Inc. and its second largest union failed to resolve their differences, meaning the Irving, Texas-based company will liquidate.

TheIndyChannel.com reports, one day after the bankruptcy judge hearing the case said that the parties needed to go through the critical step of mediation.

Hostess moved to liquidate and sell off its assets in bankruptcy court citing a crippling strike last week.

A hearing was scheduled for Wednesday morning.

The case is being heard by the U.S. Bankruptcy Court in the Southern District of New York in White Plains, N.Y.

Hostess employed more than 850 workers in Indiana and more than 18,000 nationwide.

1340 AM WBIW welcomes comments and suggestions by calling 812.277.1340 during normal business hours or by email at comments@wbiw.com

© Ad-Venture Media, Inc. All Rights Reserved.

Click here to go back to previous page