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.

Get Advice Join TDU Donate

Recent News

Getting Results Beyond Grievances

TDU will be hosting our next workshop, Getting Results Beyond Grievances, on Sunday, September 20th at 12pm EDT / 11am CDT / 10am MDT / 9am PST. Click here to sign up.

Labor Notes: NLRB Attacks Rights of Stewards

"The NLRB announced employers will no longer be restrained from disciplining or discharging stewards or officers who use profanity or engage in other “abusive” actions in violation of an employer’s enforced code of conduct. The decision upends the special legal protections enjoyed by union grievance handlers for the past 70 years."

View More News Posts