Marketplace®

Daily business news and economic stories

Twinkies fans rejoice, Hostess to go into mediation

Hostess will hold talks with its bakery workers union to try to avoid the company being shut down. Bad news for people who may have bid thousands of dollars on Twinkies.

This final note today, which comes with my sympathies for those among you who went out Friday and spent hundreds — nay thousands of dollars — for Twinkies you believed were about to vanish from the earth.

There is news today of a possible deal between Hostess and its bakers. They’ve agreed to go into mediation to try to avoid the company being shut down at some 18,000 workers losing their jobs.

Wasn’t kidding about the thousands, by the way. The highest sale price we saw on eBay? $7,600.

Related Topics

Collections:

Tagged as: