Article posted: 11/19/2012 4:44 PM

Hostess lives another day to mediate with union

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All the Hostess cakes and snacks are sold out at the Wonder Bread Bakery Outlet Friday in Waterloo, Iowa.

Associated Press

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Hostess Brands Inc. and its second largest union agreed on Monday to go into mediation to try to resolve their differences after a bankruptcy court judge concluded that the parties hadn't gone through the critical step. That means the maker of Twinkies won't go out of business yet.
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