Hostess says talks with union failed - WKOW 27: Madison, WI Breaking News, Weather and Sports

Hostess says talks with union failed

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NEW YORK (WKOW) -- There's been a breakdown at the bargaining table between Hostess and its second largest union.

Hostess says talks with its union failed Tuesday.

Now it's back to the courtroom.

The maker of Twinkies plans to continue with a hearing Wednesday in which a bankruptcy court judge will decide if Hostess can close operations.

The renewed talks came after the company declared last week it would wind down business and start selling off its assets.

18,500 jobs are on the line, including more than 30 in Madison.  

Even if Hostess goes out of business, its popular brands will likely find a second life after being snapped up by buyers.

The company says several potential buyers have expressed interest in the brands

 

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