Kansas City Star: Teamsters Find New Taker for Interstate Bakeries

March 3, 2008: The International Brotherhood of Teamsters said Thursday that it’s working on bringing a new investor to Interstate Bakeries Corp. that would inject an undisclosed sum into the bankrupt company.

Teamsters spokesman Rich Volpe said the union has reached an agreement with New York-based hedge fund Ripplewood Holdings, including on the collective bargaining agreements for the 10,000 employees of IBC represented by the union.

Read more at kansascity.com.


Be the first to comment

Please check your e-mail for a link to activate your account.
Get Advice Join TDU Donate

Recent News

Reformers Win in Local 371

On October 19, Local 371 Teamsters elected Mike Kensinger and his whole slate to take leadership of their local. The general local covers the Quad Cities area on both sides of the Mississippi, near Rock Island, Illinois and Davenport, Iowa.

Honoring Our Veterans

Thank you to veterans and their families for their service and their sacrifices. 

View More News Posts