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

Team Canada IBT Slate is Accredited

The two IBT vice presidents from Canada and the president of Teamsters Canada have petitioned among Canadian Teamsters to accredit the Team Canada Slate in the IBT Election.  Yesterday the Election Supervisor reported that they submitted 8,156 petition signatures, far more than the needed number of 2,807 in Canada.

Fighting for Our Future at the TDU Convention

Hundreds of Teamsters made organizing plans, set our movement’s direction, and elected our TDU leadership for the coming year at the first (and hopefully last!) online TDU Convention.

View More News Posts