9/16/07

Teamsters may force liquidation of Twinkies maker

Interstate Bakeries Corp., the bankrupt maker of Wonder Bread and Twinkies, said it may liquidate its assets if it can't get job concessions from two unions that walked out of bargaining talks this week.

Kansas City-based Interstate said it will consider selling itself off in chunks if unions representing about 20,000 of its 25,000 workers don't agree to a compromise by Sept. 30.

(stltoday.com)

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