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

How TDU Wins Legal Rights for Teamsters

One member, working closely with the TDU Staff, has shown how Teamsters can enforce their rights, beat retaliation, and stand up for a stronger union.

Update: Status of Implementation of UPS National Contract

On April 28, Local 243 will conduct a vote in-person on the Metro Detroit UPS Rider. Since this is the only unratified (or unimposed) rider or supplement remaining, a ratification here would lead to implementation of the national agreement and all supplements.

View More News Posts