Hostess Brands will hold mediation talks today with union leaders to resolve a strike that the...

|By:, SA News Editor

Hostess Brands will hold mediation talks today with union leaders to resolve a strike that the company said has forced it to seek liquidation. The sides acceded to a request at a hearing yesterday from bankruptcy judge Robert Drain, who denied the company's filing to liquidate. Hostess will also meet with its lenders. Following the hearing, CEO Gregory Rayburn said there's a chance Hostess could be saved.