BREAKING: Hostess and Bakers Union agree to mediation, preventing shut down.
— CNBC (@CNBC) November 19, 2012
Twinkies maker Hostess has reportedly agreed to mediation with the Bakers Union, preventing for now a company shutdown that could have spelled the end for the iconic junkfood.
Suddenly, those 600 cases of Twinkies you hoarded are looking like a lousy investment.
Meanwhile, Fortune reports that Hostess may have a buyer in Sun Capital.