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Re:What it took to save the Twinkie by Turing_Machine on Monday September 12, 2016 @12:05AM (#12477116)
"As to a better way to handle the situation; how about negotiate with the union in good faith"

The Teamster's union (not exactly noted for being pushovers in negotiation) audited the books and agreed that there was no more money to be had.

The baker's union disagreed.

The baker's union is the one that was negotiating in bad faith (or perhaps "stupid faith" would be a better term).

"given that the company came back"

No, the company did not "come back". The brands were sold off and the stockholders of the original company lost their money. This is a new company that purchased the right to use the brands in the bankruptcy sale.

Re:What it took to save the Twinkie by ebbv on Monday September 12, 2016 @12:16AM (#12477152)
> The baker's union is the one that was negotiating in bad faith (or perhaps "stupid faith" would be a better term).

Maybe so, I'm skeptical.

> No, the company did not "come back". The brands were sold off and the stockholders of the original company lost their money. This is a new company that purchased the right to use the brands in the bankruptcy sale.

It has new owners but how much of the executive staff have been replaced beyond the very top level? I couldn't find any details.