Bankrupt Hostess Brands is expected to ask a judge this week for more time to negotiate a new deal with its unions, The Post has learned.
The Teamsters and the company have shown some flexibility on the issue of whether to maintain the pensions, and the delay is seen as a positive development, sources said.
Failure to reach a new deal could result in a strike by the Teamsters union or a move by the company to force the business and its 19,000 workers into liquidation. Josh Kosman
jkosman@nypost.com
Bankrupt Hostess Brands, Teamsters
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