CNBC is reporting that Hostess and the BCTGM have agreed to mediation, thereby avoiding a shutdown — for now.

More from the AP:

Hostess Brands Inc. and its second largest union will go into mediation to try and resolve their differences, meaning the Irving, Texas-based company won’t go out of business just yet. The news came Monday after Hostess moved to liquidate and sell off its assets in bankruptcy court citing a crippling strike last week.

The bankruptcy judge hearing the case says that the parties haven’t gone through the critical step of mediation and asked the lawyer for the bakery’s union to ask his client, who wasn’t present, if he would agree to participate.

The news has snack cake lovers rejoicing:

https://twitter.com/zander_jones/status/270620988973125632

Snort. If only.

Some people, though, are speculating that the entire thing was a slick marketing ploy by Hostess to boost sales:

One thing’s for sure: Hostess now finds itself in the envious position of being on the tip of everyone’s tongue. We hope that negotiations will indeed pan out for the sake of the Twinkie — and for the sake of the 18,000-plus employees whose livelihoods are on the line.

***

Related:

#HostessShrugged: Conservatives brilliantly bid farewell to Twinkies

Pabst Brewing Co. owner considering purchase of Hostess?

Sugar rush: Twinkie fans, profiteers strip shelves of Hostess products, flip on EBay

Rob Lowe devastated by Hostess demise: ‘Ho Hos are people too’

Shameless: NPR laughs at Hostess going out of business and eliminating thousands of jobs

Has the Twinkie-pocalypse arrived? Hostess to go out of business, cut 18,000 jobs; Updated

  • Lord Foggybottom

    Those dorks who bought a box of Twinkies for $100 bucks probably feel pretty stupid right now. Probably pretty nauseous and bloated too…

    • Right Wired

      That’s the beauty of capitalism…it reveals..dorks.

    • vino veritas

      Except for those who might have actually made allot of money selling them for 5xs the market value. Risk vs reward, its always a component in legitimate profitable business ventures. Also, this situation is far from resolved so they might have had the right idea all along. Best to wait and see.

    • vino veritas

      Except for those who might have actually made allot of money selling them for 5xs the market value. Risk vs reward, its always a component in legitimate profitable business ventures. Also, this situation is far from resolved so they might have had the right idea all along. Best to wait and see.

    • Liberal Hater

      It’s their money. Who cares?

  • my preciousss!!

    the million HoHo march is cancelled…..for now.

    • http://twitter.com/thetugboatphil TugboatPhil

      Really? So Code Pink has disbanded?

  • Ntr

    Forget saving the Twinkies…i’m all about the Raspberry Zingers and Sno Balls.

    • https://twitter.com/AlessaRosewater Maria

      Red Velvet is my favorite!

  • http://twitter.com/MDMorris_1707 Michael Morris

    Judging from the link it looks more like the union is being forced into it by the judge. I’ll be very surprised if they reach an agreement, but happily so.

  • Burt Zerker

    ….and Michael Moore just came in off the ledge,..coincidence?

    • http://www.facebook.com/tom.ellis.946179 Tom Ellis

      wait mabye we need to rethink this, lets not be too hasty :)

  • http://twitter.com/KALKAM71 KALKAM

    I am glad people may not lose their jobs…but please fire the union workers…don’t negotiate with terrorists.

    • https://twitter.com/AlessaRosewater Maria

      There’s a lot of bakers who are non-union who would love to have their jobs.

    • Liberal Hater

      I am happy for the non-bakers union folks if this happens. The baker’s union members voted to close the company down. Fuck ’em.

  • Guest

    any judge who believes unions will negotiate in good faith is a Ding Dong.

    • http://www.braysballtalk.com/ Aaron Giddens

      I see what you did there.

    • http://twitter.com/thetugboatphil TugboatPhil

      That was a good one. Ho Ho&reg!

  • Belinda Henry

    I say good luck to all involved.

  • Right Wired

    Michael Moore will be so very, very happy.

  • Ken Ramsey

    Article says: Hostess filed for liquidation. Judge said, “No, you’ve got to have a round of mediation.” With whom I dunno, the bakers are a no-show both on the job and at the court. So the thing is delayed until the judge is satisfied. Then it proceeds. To liquidation.

    • News Reporter

      Good Point # 2

  • osborn4

    What’s to say that the unions actually agree to work under the mediated contract? They wouldn’t work under a court ordered contract.

    • News Reporter

      Good Point # 1

  • osborn4

    What’s to say that the unions actually agree to work under the mediated contract? They wouldn’t work under a court ordered contract.

  • osborn4

    “… go into mediation to try to resolve their differences…”

    • osborn4

      TRY being the key word.

    • osborn4

      TRY being the key word.

  • osborn4

    “… go into mediation to try to resolve their differences…”

  • Terika

    Can’t help wondering what the ppl who bought all those Twinkies online at scalpers’ prices are thinking… if they were hoping to “flip” em at even higher prices, guess it’s “Just Desserts” for them.

    • Zane Henry

      Dang! Can’t find my Rimshot Button anywhere!

      I award you 2 snorts and a guffaw!

  • Terika

    Can’t help wondering what the ppl who bought all those Twinkies online at scalpers’ prices are thinking… if they were hoping to “flip” em at even higher prices, guess it’s “Just Desserts” for them.

  • EastValleyConservative

    Anything but sell it off to a Mexico billionaire…..I would never buy any of it if it was produced there. (not that I buy any now….)

    • News Reporter

      I don’t buy Hostess because of the Union Goons right now

    • Liberal Hater

      So I suppose your opinion is worthless either way.

  • EastValleyConservative

    Anything but sell it off to a Mexico billionaire…..I would never buy any of it if it was produced there. (not that I buy any now….)

  • $29520529

    Twinke! How I love thee!

  • TRONRADIO

    Standing in line for Chik Filet is one thing; great chow. But to buy out a bunch of sugar cakes from a corner store–no thanks. The union leaders need to be booted, of course. We’ll see how this works out.

    • https://twitter.com/AlessaRosewater Maria

      A lot of us like those snacks–a lot. Though, if Hostess closed its doors, I was more than willing to move on to Little Debbie quite easily.

  • BeeKaaay

    Leftwingwacko dominated unions will stand firm and Hostess will die.

  • ozconservative

    That picture is begging to be captioned:

    “Just sign here for your order Mr Moore…..”

    • https://twitter.com/AlessaRosewater Maria

      I bet he bought out every store in his area.

  • https://twitter.com/AlessaRosewater Maria

    Thank goodness the delicious Hostess snacks will be saved!! If this was a marketing ploy, it was brilliant! I don’t think it was though, that was just a side effect of union idiots striking.

    I’m glad the Red Velvet Twinkies and cupcakes are saved! I love me some red velvet!!

    • $36544368

      I never had the Red Velvet Twinkies :-(

      • https://twitter.com/AlessaRosewater Maria

        They are delish! You must try some. 😀

  • Bill S

    This was a great way to sell the failed company. Hostess is gonna get bought up probably by Group Bimbo from Mexico. The already own Sara Lee and several other well known bakery brands in the US along with 63 factories http://en.wikipedia.org/wiki/Grupo_Bimbo

  • Timothy Noonan

    Unions are not to blame for this or any failed company, the blame is with that company’s leadership. When a ship fails do you blame the crew? No, the blame is with it’s Skipper, XO, and Department Heads for their failings as leaders.

    The Hostess unions have given back in the past and they have had enough. I watched my Dad and his union brethren give back to their company with pay freezes and cuts for a decade during the supposed prosperity of the 1980s. When asked for more they couldn’t anymore and struck and their company went under because their was nothing given back by their company’s executives.

    Hostess executives seems to want more blood from a stone to fill their overflowing blood bank. Quite shameful.

    • justlittlolme

      > When a ship fails do you blame the crew?

      Um…the CREW doesn’t insist on telling the Captain where, when or why to sail his ship, HOW he must sail his ship or how much he MUST pay the crew. They either go along for the ride or take themselves elsewhere.

      Unions kill businessess. Sapping capital by inflating wages in order to pay for the multi-level union bureaucratic ‘bosses’ who produce NOTHING tangible is a piss-poor model for a ‘sucessful’ business.

      • Timothy Noonan

        The legacy of unions is building the middle class of America that allowed businesses to be born. Before, most of the money stayed with the Rockefellers, Carnegies, and Morgans of the world. Businesses seem to be doing their best to get back to those days.

        Company executives continue to give themselves massive pay raises and bonuses for the wonderful work they did to lead their company into bankruptcy. Oh, and continue to pay dividends to shareholders because we only care about them.

        • Liberal Hater

          Uh huh. Keep sniffing that airplane glue. I was forced into a union at one point. I watched the lazy and clueless with more “seniority” than me rake in the money and the better hours, while I did most of the work. Unions are disgusting. I let my dog shit on the local union hall lawn every time we walk by there. It’s all they’re worth.

    • Liberal Hater

      Shameful is a union putting its workers out of work while their own leadership rakes in more than $200,000 a year.