Hostess and Union Agree to Mediation — Too Bad, Twinkies Hoarders

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By Trey Thoelcke Published
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Some Americans hoarded all the Hostess Twinkies they could find after the company announced plans for a liquidation that would destroy 18,000 jobs. Now, the liquidation has been put on hold, and the collectors of Twinkies may find that their prizes are hardly prizes at all.

The Bakery Workers union and Hostess have agreed to mediation. That may not solve the problem of a liquidation, but it opens the door to a solution. Alternatively, there are rumors that a private equity buyer may want to take control of Hostess.

In the meantime, hoarders who have bought dozens of packages of Twinkies, or hundreds in some cases, will not have a series of collectibles if the worker versus Hostess problem is solved. What might have been rare coins will only be pennies. The owners of the cakes, which are rich in sugar and nothing that is healthy, will be left to eat them, throw them out or find creative alternatives. Among those is to save them a year or two while they harden and then can be used as bricks.

Douglas A. McIntyre

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About the Author Trey Thoelcke →

Trey has been an editor and author at 24/7 Wall St. for more than a decade, where he has published thousands of articles analyzing corporate earnings, dividend stocks, short interest, insider buying, private equity, and market trends. His comprehensive coverage spans the full spectrum of financial markets, from blue-chip stalwarts to emerging growth companies.

Beyond 24/7 Wall St., Trey has created and edited financial content for Benzinga and AOL's BloggingStocks, contributing additional hundreds of articles to the investment community. He previously oversaw the 24/7 Climate Insights site, managing editorial operations and content strategy, and currently oversees and creates content for My Investing News.

Trey's editorial expertise extends across multiple publishing environments. He served as production editor at Dearborn Financial Publishing and development editor at Kaplan, where he helped shape financial education materials. Earlier in his career, he worked as a writer-producer at SVE. His freelance editing portfolio includes work for prestigious clients such as Sage Publications, Rand McNally, the Institute for Supply Management, the American Library Association, Eggplant Literary Productions, and Spiegel.

Outside of financial journalism, Trey writes fiction and has been an active member of the writing community for years, overseeing a long-running critique group and moderating workshop sessions at regional conventions. He lives with his family in an old house in the Midwest.

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