Subj : Fat-assed union gluttons kill another American company. Goodbye To : All From : nobody@slug.sluggish.net Date : Thu Jan 31 2019 19:19:43 Sender: Anonymous Comments: This message did not originate from the Sender address above. It was remailed automatically by anonymizing remailer software. Please report problems or inappropriate use to the remailer administrator at . From: "Tom Mosler" Cc: mail2news@m2n.mixmin.net Subject: Fat-assed union gluttons kill another American company. Goodbye Hostess Twinkies. Message-ID: <8ba752bf0c1879661aacdadbcb521c8a@slug.slugish.net> Date: Fri, 16 Nov 2012 15:49:20 -0500 (EST) Newsgroups: dfw.general,rec.crafts.metalworking,soc.support.fat-acceptance Path: eternal-september.org!reader01.eternal-september.org!reader02.eternal-september ..org!news.eternal-september.org!news.eternal-september.org!mx04.eternal-septemb er.org!mx04.eternal-september.org!feeder.eternal-september.org!news.mixmin.net! mail2news.mixmin.net!not-for-mail Lines: 33 Injection-Info: mail2news.mixmin.net; mail-complaints-to=abuse@mixmin.net Xref: news.eternal-september.org dfw.general:435 rec.crafts.metalworking:87156 soc.support.fat-acceptance:6328 Nov 16 (Reuters) - If Hostess Brands wins court approval to liquidate next week, it is likely to encounter substantial demand for its portfolio of iconic snack cakes and baked goods like Twinkies and Wonder Bread, investors and industry experts said on Friday. Hostess said Friday morning it would seek to liquidate starting Tuesday after members of its bakers' union refused to end a strike. More than 18,000 people could ultimately lose their jobs as a result. Experts who are familiar with Hostess Brands and its bankruptcy said the company's plan to close was not a tactic aimed at ending the bakers strike, which crippled production. "I think it's credible and sad," said Greg Milmoe, an attorney with Skadden, Arps, Slate, Meagher & Flom. He said the company came a "hair's breadth" from liquidating during the last trip through Chapter 11 that began in 2004, which he oversaw. Liquidators have been putting together proposals to land the assignment of selling the company's brands, which also include Drake's and Dolly Madison, as well as real estate, bakeries and equipment. The brand names were likely to be more valuable once they are separated from inefficient factories and sold to non-union competitors, according to restructuring specialists. http://www.reuters.com/article/2012/11/16/hostess-bankruptcy- sale-idUSL1E8MGAFR20121116 --- Platinum Xpress/Win/WINServer v3.1 * Origin: Prison Board BBS Mesquite Tx //telnet.RDFIG.NET www. (1:124/5013) .