Teamsters Offer Rival Plan In Hostess Chapter 11 Case, Call For Equal Sacrifice

NEW YORK - The International Brotherhood of Teamsters on April 15 proposed a rival restructuring plan in the Chapter 11 bankruptcy of Hostess Brands Inc., calling for equal sacrifice from workers and management rather than the abandonment of the company's collective bargaining agreement with unionized workers (In Re: Hostess Brands Inc., No. 12-22052, S.D. N.Y. Bkcy.).  Subscribers may view the Teamsters proposal available within the full update.

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