Hostess Mediation Unsuccessful, Moves Forward With Plans To Liquidate

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COURTESY: CBS

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FORT WORTH - The future of Twinkies, Ho Ho's and other Hostess products are once again uncertain after a plan between with Hostess and its largest union was not reached, Tuesday night.

According to CBS News, a spokesperson for the Hostess company said the mediation was "unsuccessful," and declined to make any further comment until the hearing scheduled for November 21, in US Bankruptcy Court for the Southern District of New York.

Last week, the maker of Ding Dongs and Wonder Bread announced plants to liquidate and sell off its assets in bankruptcy court, citing a nationwide strike amongst employees.

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Hostess Mediation Unsuccessful - Central Coast News KION/KCBA

Hostess Mediation Unsuccessful, Moves Forward With Plans To Liquidate

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