“Get your Twinkies and your Wonder Bread now, because what you see in stores is the last of them. (At least until the brands are sold at auction and revived.) Hostess Brands has announced that it will liquidate, blaming a strike by workers in one of its unions as they rejected a contract that called for them to make major concessions on wages and benefits. The workers had taken concessions to help the company survive a previous bankruptcy, and this time around when the call for cuts came, members of the Teamsters narrowly accepted them while members of the Bakery, Confectionery, Tobacco Workers, and Grain Millers union overwhelmingly said no and went on strike. According to the company, it's all the workers' fault.”
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